Question

$14,000 is invested in an account that earns 3% interest per year. When does the balance reach $19,379.27

Answer 1

Answer: 12 and a half month

Step-by-step explanation:

Because 14,000 on a 3 percent interest per year; 3 percent of 14000 is 420 so think about it, when it goes to 19,379.27 it will take about 12 years along with the interests so about 12 and a half month.