Register
Use the formula A=P(1+r/n)ⁿt to solve the compound interest problem Find how long it takes a $ 1700 investment to earn $ 500 interest if it is invested at 2 % interest compounded quarterly. $ 500 interest
105k views
4 votes
Use the formula A=P(1+r/n)ⁿt to solve the compound interest problem

Find how long it takes a $ 1700 investment to earn $ 500 interest if it is invested at 2 % interest compounded quarterly.
$ 500 interest will be earned in approximately years. (Round to the nearest tenth.)

Use the formula A=P(1+r/n)ⁿt to solve the compound interest problem Find how long-example-1
User Asch
by
3.6k points

1 Answer

3 votes

Answer:

1.2+2.56.7×3218°÷456.7820

User Skalli
by
2.8k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

3.4m questions

4.3m answers

Other Questions

A study was completed in Florida. In southern Florida, the study involved 3,000 patients; 54% of them experienced flulike symptoms during the same month. The study had a margin of error of 1.8%. What does
Can someone help me plz I have to Turn 27/9 in simplest
The sanchez family goes out for dinner, and the price of the meals is $60. The sales tax on the Meals is 7 percent, and they also want to leave a 15 percent tip. What is the total cost of the meal? Analyze
Simplify: 10 ÷ [(5 + 2) − 5]
A survey of 539 adults aged 18-24 year olds was conducted in which they were asked what they did last Friday night. It found: 189 watched TV 163 hung out with friends 29 watched TV and ate pizza, but did
Link Copied!