Register
A person invests 6500 dollars in a bank. The bank pays 5.5% interest compounded daily. To the nearest tenth of a year, how long must the person leave the money in the bank until it reaches 9300 dollars?
70.3k views
1 vote
A person invests 6500 dollars in a bank. The bank pays 5.5% interest compounded daily. To the nearest tenth of a year, how long must the person leave the money in the bank until it reaches 9300 dollars?

User Pedro Rodrigues
by
3.5k points

1 Answer

4 votes

Answer:

6.5 years

Explanation:

User Wanderingme
by
4.0k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

3.8m questions

4.8m answers

Other Questions

Solve for x in the equation 3 x squared minus 18 x + 5 = 47. (I need this to be an answer like X=3+\_ square root 23)
Please answer asap.......... ...
Can someone help me plz I have to Turn 27/9 in simplest
1 divided by 1/5????????
The endpoints of line AB are A(−9,−1) and B(−3,7). Find the coordinates of the midpoint M.
Link Copied!