Compounding - Solve for lime
Feb 04, 8:06:14 AM
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Grace invested $7,000...
Mathematics, 04.02.2021 16:20 etampus0220
Compounding - Solve for lime
Feb 04, 8:06:14 AM
Watch help video
Grace invested $7,000 in an account paying an interest rate of 4.7% compounded
quarterly. Assuming no deposits or withdrawals are made, how long would it take, to
the nearest tenth of a year, for the value of the account to reach $11,870?
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Answers: 2
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