Register

Dylan invested $47,000 in an account paying an interest rate of 4% compounded annually. Assuming no deposits or withdrawals are made, how long would it take, to the nearest tent…

Dylan invested $47,000 in an account paying an interest rate of 4% compounded annually. Assuming no deposits or withdrawals are made, how long would it take, to the nearest tent…
150k views
5 votes
Dylan invested $47,000 in an account paying an interest rate of 4% compounded

annually. Assuming no deposits or withdrawals are made, how long would it take, to
the nearest tenth of a year, for the value of the account to reach $79,200?

User Cyberbudy
by
7.7k points

2 Answers

9 votes

Answer:

13.3

Explanation:

I got it right

User Phyliss
by
8.2k points
0 votes

Answer:

13.3

Explanation:

User Wilner
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!