Register
Olivia is going to invest $32,000 and leave it in an account for 15 years. Assuming the interest is compounded monthly, what interest rate, to the nearest hundredth of a percent, would be required in order
100k views
24 votes
Olivia is going to invest $32,000 and leave it in an account for 15 years. Assuming the interest is compounded monthly, what interest rate, to the nearest hundredth of a percent, would be required in order for Olivia to end up with $80,000?

User Trickyzter
by
4.8k points

1 Answer

5 votes

Answer:

6.12

Explanation:

User Vishnu Sandhireddy
by
4.4k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

4.5m questions

5.9m answers

Other Questions

Before beginning voice lessons, Aubrey already knew how to sing 357 pieces, and she expects to learn 2 new pieces during each week of lessons. After 78 weeks of voice lessons, how many pieces will Aubrey
A study was completed in Florida. In southern Florida, the study involved 3,000 patients; 54% of them experienced flulike symptoms during the same month. The study had a margin of error of 1.8%. What does
3x-by=-3 b=? what is the number of b? ​
Solve for x in the equation 3 x squared minus 18 x + 5 = 47. (I need this to be an answer like X=3+\_ square root 23)
Please answer asap.......... ...
Link Copied!