✅ The verified answer to this question is available below. Our community-reviewed solutions help you understand the material better.
Justin wants to have $150,000 in his savings account. If he can invest at 6.9% per year and he currently has $100,000, how long will it be before he has the desired amount in his savings account?
Give the answer in years, rounding to the nearest unit, with no decimal places (e.g., if the answer would be 3.446 years, give 3; or if the answer would be 4.562 years, give 5).
Get Unlimited Answers To Exam Questions - Install Crowdly Extension Now!