subject
Mathematics, 14.12.2020 06:40 hanjonez

Will mark brainliest! Part 1: You started saving for a car when you were in middle school. You have done some research and discovered that it will cost you about $8,000 for a used car that would fit your needs. You were encouraged to invest some of your savings to help you get to your financial goal faster. So far you have saved $6,500. If you invest this money in a savings account with a 1.4% interest rate compounded annually, how long will it take to earn enough money to go purchase the car? Use the compound interest formula A = P (1 + i)n, where A is the accumulated amount, P is the principal, i is the interest rate per year, and n is the number of years. Round your final answer to the nearest tenth

Please help me find this answer! It's for a math project and I'm stuck.

ansver
Answers: 2

Another question on Mathematics

question
Mathematics, 21.06.2019 17:00
Issof claims that the scale factor is 1/2. which statement about his claim is correct
Answers: 3
question
Mathematics, 21.06.2019 23:30
Maddie's rectangular kitchen has an area of 10 square yards and a length of 3 3/4 yards.how many yards wide is maddie's kitchen?
Answers: 1
question
Mathematics, 22.06.2019 01:00
Is experimental probibilty the same as the observed frequency in math? i need the answer asap!
Answers: 1
question
Mathematics, 22.06.2019 01:40
Over the last 4 seconds, a snail has traveled 4/9 of an inch. if the snail traveled the same distance each second, how far did it travel each second?
Answers: 2
You know the right answer?
Will mark brainliest! Part 1: You started saving for a car when you were in middle school. You have...
Questions
question
Advanced Placement (AP), 16.09.2019 22:30
Questions on the website: 13722360