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A person invests 7500 dollars in a bank. the bank pays 5.5% interest compounded annually. to the nearest tenth of a year, how long must the person leave the money in the bank until it reaches 14300 dollars?
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A person invests 7500 dollars in a bank. the bank pays 5.5% interest compounded annually. to the nearest tenth of a year, how long must the person leave the money in the bank until it reaches 14300 dollars?

User Fardjad
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1 Answer

4 votes

Answer:

12.1

Step-by-step explanation:

used compound interest calculator

User SQVe
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