Engineering Economy – Problem 1.36
If interest is compounded at 20% per year, how long will it take for $50,000 to accumulate to $86,400?
Sample problems and notes are based on the following textbook: Engineering Economy 7th Edition
ISBN-13: 978-0073376301
ISBN-10: 0073376302
Edition: 7
Author: Leland Blank, Anthony Tarquin
Published Date: 2011