Question

The graph shows the balance of an account earning annual compound interest. After how many years did the balance first exceed $700?

Answer 1

its 6 years i just took the test

Explanation:

Answer 2

6 years

Explanation:

In the given graph time in years shows on x-axis

amount balance in Dollar shows on y-axis

The investing amount is showing $500 at starting point and after that it increased by the year.

We can see on 6th year the amount balance touched $700.

So we can say it took 6 years to first exceed $700.