Question

Jordan invested $8,500 in an account paying an interest rate of 4.1% compounded daily. Assuming no deposits or withdrawals are made, how long would it take, to the nearest year, for the value of the account to reach $13,070?

Answer 1

11 years

Explanation:

Answer 2

Its actually 10 years

Explanation:

Its about 10.4 but it says nearest year and 10 is closer than 11