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3400 dollars is placed in an account with an annual interest rate of 5.25%. To the nearest year, how long will it take for the account to reach 10,800 dollars?

3400 dollars is placed in an account with an annual interest rate of 5.25%. To the nearest year, how long will it take for the account to reach 10,800 dollars?
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5 votes
3400 dollars is placed in an account with an annual interest rate of 5.25%. To the nearest year, how long will it take for the account to reach 10,800 dollars?

User Damodar
by
7.5k points

2 Answers

5 votes

Answer:

23

Explanation:

User Colby Cox
by
8.0k points
2 votes

Answer:

23 years

Explanation:

User Walknotes
by
8.3k points
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