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, for the value of the account
180k 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
5.8k points

2 Answers

0 votes

Answer: 5

Explanation:

User Ben Kouba
by
6.7k 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
6.6k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

7.2m questions

9.6m answers

Other Questions

How do you estimate of 4 5/8 X 1/3
Please solve the following equation. x-6x=56
whats the most accurate estimation of 65+77
Find the additive inverse of 18/23
What is 25% of 500.00
Link Copied!