157k views
10 votes
Lily is going to invest $750 and leave it in an account for 18 years. Assuming the

interest is compounded daily, what interest rate, to the nearest tenth of a percent,

would be required in order for Lily to end up with $1,180?



Please help!! I need helppppp ASAP

1 Answer

14 votes

Answer:

The interest rate would be 2.5%

User Vlad Dinulescu
by
7.4k points

No related questions found

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

9.4m questions

12.2m answers

Categories