Posted by **Jamie** on Thursday, November 8, 2012 at 2:04pm.

Determine when, to the nearest year, $3,000 invested at 5% per year, compounded daily, will be worth $10,000.

## Answer This Question

## Related Questions

- Algebra - How long will it take $7,000 invested at 5.5% compounded daily to grow...
- Math - Betsy, a recent retiree, requires $6,000 per year in extra income. She ...
- math - The Investment Problem. Suppose that Rod invests $1,000 at 6% compounded ...
- accounting - Carlton company had assetsof $280,000 & liabilities of $120,000 at ...
- Math - A lottery prize worth $1,000,000 is awarded in payments of $10,000 five ...
- Math(Please help) - Betsy, a recent retiree, requires $6,000 per year in extra ...
- math(Please help) - Betsy, a recent retiree, requires $6,000 per year in extra ...
- COLLEGE ALGEBRA - Sue, a recent retiree, requires $6,000 per year in extra ...
- Economics - A $90,000 investment is made. Over a 5 year period, a return of $30,...
- finance - Assume you are planning to invest $5,000 each year for six years and ...

More Related Questions