A person invests 7000 dollars in a bank. The bank pays 4% interest compounded quarterly. To the nearest tenth of a year, how long must the person leave the money in the bank until it reaches 14700 dollars?

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Vesnog asked Feb 14, 2022

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Mathematics
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Vesnog asked Feb 14, 2022

by Vesnog

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21 votes

Answer:

18.6

Explanation:

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Jrend answered Feb 16, 2022

by Jrend

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29 votes

Answer:

18.6

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Jmgomez answered Feb 18, 2022

by Jmgomez

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