Mathematics, 15.07.2021 06:10 moonk7733

1. A bank account earns 0.06% annual interest compounded monthly. The balance B of the account after t months starting with $250 is given by the equation B = 250(1.06)". How long will it take to triple the
balance of the account?

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1. A bank account earns 0.06% annual interest compounded monthly. The balance B of the account after...

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More questions: Mathematics Another questions

1. A bank account earns 0.06% annual interest compounded monthly. The balance B of the account after t months starting with $250 is given by the equation B = 250(1.06)". How long will it take to triple the balance of the account?

Answers

Another question on Mathematics

1. A bank account earns 0.06% annual interest compounded monthly. The balance B of the account after t months starting with $250 is given by the equation B = 250(1.06)". How long will it take to triple the
balance of the account?