58.4k views
3 votes
5800 dollars is placed in an account with an annual interest rate of 9%. To the nearest tenth of a year, how long will it take for the account value to reach 17600 dollars?

User Luddek
by
7.6k points

1 Answer

5 votes
Hence It will take 12.88 years for the account value to reach 17600 dollars.
User Victor Lee
by
7.5k points
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.