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Lauren is going to invest $740 and leave it in an account for 9 years. Assuming the interest is compounded monthly, what interest rate, to the nearest tenth of a percent, would be required in order for
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5 votes
Lauren is going to invest $740 and leave it in an account for 9 years. Assuming the

interest is compounded monthly, what interest rate, to the nearest tenth of a percent,
would be required in order for Lauren to end up with $920?

User Gregor Scheidt
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6.2k points

2 Answers

5 votes

Answer:

2.4

Explanation:

User Pjneary
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7 votes

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User Peevesy
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