Jujuba D.

asked • 01/29/21

Probability and statistics: Finances

This question is for my probability and statistics class. I have no idea how to solve this, I really need help.

Question:


How long will you have to wait to buy a $215,000 house if you invest $25,000 in an account that pays 9.2% APR (annual percentage rate) compounded annually?



1 Expert Answer

By:

Sada H. answered • 01/30/21

Tutor
5 (1)

Tutor Spot

Still looking for help? Get the right answer, fast.

Ask a question for free

Get a free answer to a quick problem.
Most questions answered within 4 hours.

OR

Find an Online Tutor Now

Choose an expert and meet online. No packages or subscriptions, pay only for the time you need.