Business, 17.02.2020 17:54, Frostbite9371

If you put your inheritance in an account that earns 7 percent interest compounded annually, how many years will it be before your inheritance grows to $30 comma 000? b. If you let your money grow for 10.25 years at 7 percent, how much will you have? c. How long will it take your money to grow to $30 comma 000 if you move it into an account that pays 3 percent compounded annually? How long will it take your money to grow to $30 comma 000 if you move it into an account that pays 11 percent? d. What does all this tell you about the relationship among interest rates, time, and future sums?

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If you put your inheritance in an account that earns 7 percent interest compounded annually, how man...