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Tina wants to save money for school.Tina invests $1,000 in an account that pays an interest rate of 6.75%. How many years will it take for the account to reach $18,600? Round yo…

Tina wants to save money for school.Tina invests $1,000 in an account that pays an interest rate of 6.75%. How many years will it take for the account to reach $18,600? Round yo…
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Tina wants to save money for school.Tina invests $1,000 in an account that pays an interest rate of 6.75%. How many years will it take for the account to reach $18,600? Round your answer to the nearest hundredth.

User Denis V
by
8.4k points

1 Answer

3 votes
It take 2.75 years
Step by step explanation:
18600$ / 1000$x6.75%=2.75
User Mattbasta
by
9.0k points
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