Mathematics, 18.12.2021 01:10 chevysilveradofixit
On the day that Ramon is born, his grandfather deposited $5000 for him in a certificate of deposit paying 10% interest compounded annually. When Ramon is old enough to manage the account himself, he decides that he will not withdraw the money until the certificate is worth $1,000,000. How old will he be when the account reaches this amount?
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