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Benjamin invested $39,000 in an account paying an interest rate of 2.1% compounded daily. Assuming no deposits or withdrawals are made, how long would it take, to the nearest tenth of a year, for the value
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Benjamin invested $39,000 in an account paying an interest rate of 2.1% compounded daily. 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 $54,200?

User Hussain Rahimi
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9 votes

Answer:15.7

Step-by-step explanation:

User Matschie
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