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Please help! A person invests 10000 dollars in a bank. The bank pays 4.5% interest compounded daily. To the nearest tenth of a year, how long must the person leave the money in …

Please help! A person invests 10000 dollars in a bank. The bank pays 4.5% interest compounded daily. To the nearest tenth of a year, how long must the person leave the money in …
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Please help!

A person invests 10000 dollars in a bank. The bank pays 4.5% interest compounded
daily. To the nearest tenth of a year, how long must the person leave the money in
the bank until it reaches 17600 dollars?

Please help! A person invests 10000 dollars in a bank. The bank pays 4.5% interest-example-1
User Sergi Juanola
by
7.9k points

1 Answer

5 votes

Answer: 12.6 years

Explanation:

User Romuald
by
8.5k points
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