Finance Practice Problems
PROBLEM:

You need to have $54,000.00. If $17,000.00 is placed into a savings account today that pays annual compound interest of 4%, how many years will it be before you have the required amount?

ANSWER:
(Enter your answer in the box above in DECIMAL form.)



Rate This Problem's Difficulty Level
1 2 3 4 5 6 7 8 9 10
Very Easy Very Difficult
 Average Rating 
3.25
 # of Ratings 
540.00
View
Graph