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2400 dollars is placed in an account with an interest rate of 8.25%. to the nearest year, how long will it take for the account to reach 10100 dollars?

2400 dollars is placed in an account with an interest rate of 8.25%. to the nearest year, how long will it take for the account to reach 10100 dollars?
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2400 dollars is placed in an account with an interest rate of 8.25%. to the nearest year, how long will it take for the account to reach 10100 dollars?

2400 dollars is placed in an account with an interest rate of 8.25%. to the nearest-example-1
User Robiseb
by
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1 Answer

6 votes
2400x1.0825^x=10100
X=19 years
User Akshay Bhimani
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