4 The rate of compound interest is 7.5%. How long will it take for an investment of $4500 to be worth more than $7000? Please use the compound interest formula for IGCSE: p(1 + (r)/(100) ) {}^(t)

My account
Edit my Profile
Private messages
My favorites

Ask a Question
Questions
Unanswered
Tags
Categories
Ask a Question

asked Apr 21, 2022 49.8k views

1 vote

4 The rate of compound interest is 7.5%. How long will it take for an investment of $4500 to

be worth more than $7000?

Please use the compound interest formula for IGCSE:

$p(1 + (r)/(100) ) {}^(t)$

Mathematics
high-school

Niranja asked

by Niranja

5.5k points

0 Comments

Please log in or register to add a comment.

Please log in or register to answer this question.

1 Answer

3 votes

Here is the result.....

4 The rate of compound interest is 7.5%. How long will it take for an investment of-example-1

Tomas Mulder answered Apr 25, 2022

by Tomas Mulder

4.6k points

0 Comments

Please log in or register to add a comment.

Ask a Question

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

5.3m questions

6.9m answers

0 Comments

Please log in or register to add a comment.

Please log in or register to answer this question.

1 Answer

0 Comments

Please log in or register to add a comment.

Other Questions