Register

A loan of $17,000 is made at 6.5% interest compounded annually. After how many years will the amount due reach $43,000or more? Write the smallest possible whole number answer.

A loan of $17,000 is made at 6.5% interest compounded annually. After how many years will the amount due reach $43,000or more? Write the smallest possible whole number answer.
15.5k views
2 votes
A loan of $17,000 is made at 6.5% interest compounded annually. After how many years will the amount due reach $43,000or more? Write the smallest possible whole number answer.

User PeterRing
by
7.9k points

1 Answer

3 votes
The smaller possible whole number will be 25
User Dieki
by
8.5k points
← Prev Question Next Question →

No related questions found

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

9.4m questions

12.2m answers

Categories

Other Questions

What is .725 as a fraction
How do you estimate of 4 5/8 X 1/3
A bathtub is being filled with water. After 3 minutes 4/5 of the tub is full. Assuming the rate is constant, how much longer will it take to fill the tub?
Link Copied!