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Jed deposited $400 into a bank that offers 3.9% intrest rate, compounded daily. in how many years will his balance be $800 A. 17.7 years B. 12.1 years c. 18.5 years d.24.1 years…

Jed deposited $400 into a bank that offers 3.9% intrest rate, compounded daily. in how many years will his balance be $800 A. 17.7 years B. 12.1 years c. 18.5 years d.24.1 years…
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Jed deposited $400 into a bank that offers 3.9% intrest rate, compounded daily. in how many years will his balance be $800

A. 17.7 years
B. 12.1 years
c. 18.5 years
d.24.1 years

User Danlong
by
7.9k points

1 Answer

5 votes
Answer: A. 17.7 years
User Zolamk
by
7.8k points
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