A person invests 3000 dollars in a bank. The bank pays 6.75% interest compounded semi-annually. To the nearest tenth of a year, how long must the person leave the

money in the bank until it reaches 6700 dollars?

12.1 years

Step-by-step explanation:

We are given that

Principal amount, P=$3000

Rate of interest, r=6.75%  semi-annually

Amount, A=$6700

We know that

When r pays semi-annually

Where n=2

Using the formula

Taking ln on both sides we get

1 ?

step-by-step explanation:

u said 1+1+1+1+1+1+1+1+1+1+1+1*0 so ur adding 1 but then multiplying by 0 so its 0 but then u said 1*0+1 so now ur adding 1 so the answer is juan ?

~leah

question 1: step-by-step explanation:

1/4 of 84 = 84÷4= 21