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

asked Oct 15, 2021 184k views

3 votes

by Alaya

5.0k points

Please log in or register to add a comment.

0 votes

Answer:

11 years

Explanation:

Murungu answered Oct 16, 2021

5.5k points

4 votes

Answer:

Its actually 10 years

Explanation:

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

RHPT answered Oct 22, 2021

by RHPT

5.5k points

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

5.9m questions

7.7m answers