S StevenCruz New member Sep 12, 2010 #1 How long would it take $5,000 to grow to $7,000 if it is invested at 6% quarterly? I know you have to use the equation A=p(1+ i)^n and have to use Logs but I get lost in doing this problem. Any help please.
How long would it take $5,000 to grow to $7,000 if it is invested at 6% quarterly? I know you have to use the equation A=p(1+ i)^n and have to use Logs but I get lost in doing this problem. Any help please.