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Dominic invested $8,600 in an account paying an interest rate of 2.2% compounded daily. Assuming no deposits or withdrawals are made, how long would it take, to the nearest year, for the value of the account
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Aug 17, 2022
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Dominic invested $8,600 in an account paying an interest rate of 2.2% compounded daily. Assuming no deposits or withdrawals are made, how long would it take, to the nearest year, for the value of the account to reach $9,600?
Mathematics
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Brad Larson
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Answer: 5
Explanation:
Ben Kouba
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Aug 18, 2022
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