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ASAP! Emma invested $750 in an account paying an interest rate of 1. 9% compounded quarterly. Assuming no deposits or withdrawals are made, how long would it take, to the neares…

ASAP! Emma invested $750 in an account paying an interest rate of 1. 9% compounded quarterly. Assuming no deposits or withdrawals are made, how long would it take, to the neares…
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15 votes
ASAP!

Emma invested $750 in an account paying an interest rate of 1. 9% compounded

quarterly. Assuming no deposits or withdrawals are made, how long would it take, to

the nearest tenth of a year, for the value of the account to reach $910?

User Seasick
by
8.1k points

1 Answer

11 votes

Answer:

the answer is 2.6 show in the workings below

.

ASAP! Emma invested $750 in an account paying an interest rate of 1. 9% compounded-example-1
User TechBee
by
7.2k points
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