Register

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…

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…
181k views
14 votes
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
by
7.6k points

2 Answers

0 votes

Answer: 5

Explanation:

User Ben Kouba
by
8.5k points
4 votes

Answer:

Explanation:

Dominic invested $8,600 in an account paying an interest rate of 2.2% compounded daily-example-1
User Xni
by
8.0k points
← Prev Question Next Question →

Related questions

Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.4m questions

12.2m answers

Categories

Other Questions

How do you can you solve this problem 37 + y = 87; y =
What is .725 as a fraction
How do you estimate of 4 5/8 X 1/3
Link Copied!