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$2,500 is invested in an account earning 8.4% interest compounded annually. How many years did it take to reach $4,000? A. 3 years B. 4 years C. 5 years D. 6 years

$2,500 is invested in an account earning 8.4% interest compounded annually. How many years did it take to reach $4,000? A. 3 years B. 4 years C. 5 years D. 6 years
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4 votes
$2,500 is invested in an account earning 8.4% interest compounded annually. How many years did it take to reach $4,000?

A.
3 years
B.
4 years
C.
5 years
D.
6 years

User Nitish Kumar
by
8.5k points

1 Answer

4 votes

Answer:

the answer is D 6 years


User Jeojavi
by
8.3k points
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