If Jane invests $1500 in a savings account with a 6% interest rate compounded monthly, how long will it take until Jane’s amount has a balance of $5200?

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asked May 7, 2023 181k views

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If Jane invests $1500 in a savings account with a 6% interest rate compounded monthly, how long will it take until Jane’s amount has a balance of $5200?

Mathematics
college

YasBES asked

by YasBES

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7 votes

Answer:

22 months it take at all..

Jared S answered May 12, 2023

by Jared S

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