Marco invested $3000 into a fund that is expected to grow by 4.23% per year. How long will it take the fund to be worth $6000?

A. about 4.2 years

B. about 9.5 years

C. about 10.5 years

D. about 17 years

Question

Armstrong

9 March, 18:10

+3

Answers (2)

Know the Answer?

Lilia Shaw · Answer 1

At 4.2 years 120555 at 90.5. So your Most Logical Answer is B

Shady · Answer 2

The fund is worth 53298 at 4.2 years 120555 at 90.5.

Marco invested $3000 into a fund that is expected to grow by 4.23% per year. How long will it take the fund to be worth $6000?A. about 4.2 yearsB. about 9.5 yearsC. about 10.5 yearsD. about 17 years