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george wants to save money for a car, he invests $700 into an account that pays 7.25 percent interest, how many years will it take to reach $14,300
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george wants to save money for a car, he invests $700 into an account that pays 7.25 percent interest, how many years will it take to reach $14,300

User DekuDesu
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2 Answers

6 votes
It will take 32 years


User Niketan
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6.2k points
3 votes
To reach $3,900 with an interest rate of four percent on an account originally containing $1,100, it would take 32.27 years.

Hope this helps you
User DennisvB
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