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Brooklyn is going to invest $1,300 and leave it in an account for 11 years. Assuming the interest is compounded daily, what interest rate, to the nearest tenth of a percent, would be required in order
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31 votes
31 votes
Brooklyn is going to invest $1,300 and leave it in an account for 11 years. Assuming

the interest is compounded daily, what interest rate, to the nearest tenth of a percent,
would be required in order for Brooklyn to end up with $2,500?

User Seeta Somagani
by
2.9k points

2 Answers

21 votes
21 votes

Answer:5.9%

5.9% in delta Math

Explanation:

User Khan Shahrukh
by
2.9k points
20 votes
20 votes

Answer: 5.9%

Explanation:

Lazy boi

User Pshegger
by
3.1k points
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