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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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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?​

User Brad Larson
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2 Answers

0 votes

Answer: 5

Explanation:

User Ben Kouba
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4 votes

Answer:

Explanation:

Dominic invested $8,600 in an account paying an interest rate of 2.2% compounded daily-example-1
User Xni
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