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Approx 11.34 years.

Q: If you have 1150000 how long would it take them to accumulate 2000000 in cash Assume an interest rate of 5 percent?

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3% of 2000000 = 3% * 2000000 = 0.03 * 2000000 = 60,000

4% of $2,000,000 = 4% * 2000000 = 0.04 * 2000000 = $80,000.00

300000

1,700,000

To find 10 percent of a number, multiply the number by 0.1. In this example, 2000000 x 0.1 = 2000000.

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Accumulate time = 200000 / 1150000Accumulate time = 0.1739Now this factor should need to be check in future value log for period of 5 years to find out the exact time.

2 percent of 2000000 = 40000 2% of 2000000 = 2% * 2000000 = 2%/100% * 2000000 = 0.02 * 2000000 = 40000

3% of 2000000 = 3% * 2000000 = 0.03 * 2000000 = 60,000

80% of 2,000,000 = 80% * 2000000 = 0.8 * 2000000 = 1,600,000

4% of $2,000,000 = 4% * 2000000 = 0.04 * 2000000 = $80,000.00

$20000010% of $2000000= 10% * $2000000= 0.10 * $2000000= $200000

80,000

1,700,000

300000

20% of 2,000,000= 20% * 2000000= 0.2 * 2000000= 400,000

8.6% of 2,000,000= 8.6% * 2000000= 0.086 * 2000000= 172,000

17203 profit / 2000000 times 100% is 0.86%.