Register
Joe deposited $5000 into an account with a 5.2% annual interest rate, compounded quarterly. Assuming that no withdrawals are made, how long wi the investment to grow to $6500?
20.6k views
4 votes
Joe deposited $5000 into an account with a 5.2% annual interest rate, compounded quarterly. Assuming that no withdrawals are made, how long wi

the investment to grow to $6500?

User Jeha
by
8.2k points

1 Answer

3 votes
Then they got more %mike 35%more
User Vicki
by
7.8k 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.

9.5m questions

12.2m answers

Other Questions

What is .725 as a fraction
A bathtub is being filled with water. After 3 minutes 4/5 of the tub is full. Assuming the rate is constant, how much longer will it take to fill the tub?
i have a field 60m long and 110 wide going to be paved i ordered 660000000cm cubed of cement  how thick must the cement be to cover field
Write words to match the expression. 24- ( 6+3)
A dealer sells a certain type of chair and a table for $40. He also sells the same sort of table and a desk for $83 or a chair and a desk for $77. Find the price of a chair, table, and of a desk.
Link Copied!