Posted by **merli** on Sunday, February 24, 2013 at 11:40pm.

This exercise is based on the following table, which lists interest rates on long-term investments (based on 10-year government bonds) in several countries in 2008. HINT [See Example 4.] (Round your answer to the nearest integer.)

If you invest $10,200 in the United States, and the interest is compounded monthly, how many months will it take for your investment to grow to $20,000?

months

Country U.S. Japan Canada Germany Australia

Yield 3.9% 1.5% 3.8% 4.3% 5.9%

## Answer this Question

## Related Questions

- Pre-Cal - This exercise is based on the following table, which lists interest ...
- Pre-Cal - This exercise is based on the following table, which lists interest ...
- Pre-Cal - This exercise is based on the following table, which lists interest ...
- Math - The values of outstanding bonds change whenever the going rate of ...
- Math - Go to Table 10-1 which is based on bonds paying 10 percent interest for ...
- Accounting - Go to Table 10-1 which is based on bonds paying 10 percent interest...
- Finance - "The value of outstanding bonds change whenever the going rate of ...
- Finance - which of the following is true with regards to rising interest rates? ...
- buisness finance - Series Average return Standard Deviation Large-company ...
- College Finance - 1.A recent edition of The Wall Street Journal reported ...