Value of n, Engineering Mathematics

Arrianna spended $5,500 at 7.5% p.a. compounded quarterly for 'n' years. At the end of 'n' years, Arrianna got back $12,000. What is the value of n? (Approximate your answer in year). 

 

 

Posted Date: 3/23/2013 6:05:57 AM | Location : United States







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