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Dominic is going to invest $1,800 and leave it in an account for 17 years. Assuming the interest is compounded annually, what interest rate, to the nearest tenth of a percent, would be required in order
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Dominic is going to invest $1,800 and leave it in an account for 17 years. Assuming the interest is compounded annually, what interest rate, to the nearest tenth of a percent, would be required in order for Dominic to end up with $4,700?

User Tomasz Przemski
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4 votes

Answer: 5.8%

Step-by-step explanation: got it right lol

User Keozon
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