Register
A person invests 3000 dollars in a bank. The bank pays 5% interest compounded semi-annually. To the nearest tenth of a year, how long must the person leave the money in the bank until it reaches 5200 dollars?
182,245 views
11 votes
11 votes
A person invests 3000 dollars in a bank. The bank pays 5% interest compounded semi-annually. To the nearest tenth of a year, how long must the person leave the money in the bank until it reaches 5200 dollars?

User Mpiot
by
2.3k points

2 Answers

24 votes
24 votes

Answer:

11.1

Explanation:

it’s right

User Piotr Pradzynski
by
3.3k points
22 votes
22 votes

Answer:150

Explanation:

User Emmby
by
3.2k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

1.6m questions

2.0m answers

Other Questions

Can anybody tell me what’s going on here?
Granola costs $1.76 per pound. Write and solve an equation to determine the number of pounds p of granola that can be purchased with $7.04. The equation is: The value of x is
Evalute 8a -1+0.5b when a =1/4 and b= 10 how dose this work i need help..
PLZ needed now plz URGENT!
Yall help me out please
Link Copied!