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A person invests 7000 dollars in a bank. The bank pays 7% interest compounded quarterly. To the nearest tenth of a year, how long must the person leave the money in the bank unt…
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A person invests 7000 dollars in a bank. The bank pays 7% interest compounded quarterly. To the nearest tenth of a year, how long must the person leave the money in the bank unt…
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Sep 22, 2023
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A person invests 7000 dollars in a bank. The bank pays 7% interest compounded
quarterly. To the nearest tenth of a year, how long must the person leave the money
in the bank until it reaches 12400 dollars?
Mathematics
high-school
Wolfgang Leon
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Wolfgang Leon
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This might be the answer. Hope it helps..
Markus Millfjord
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Sep 27, 2023
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Markus Millfjord
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