Mathematics, 07.02.2022 01:20 srosrguezbracho
Miles would like to open up a CD that has an interest rate of 2.4% compounded monthly. His initial deposit is $5,000. How long does he have to keep the money in this account in order to have a balance of $5,500? Round to the nearest tenth of a year. The answer was 4 but I answered with 0.1
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Miles would like to open up a CD that has an interest rate of 2.4% compounded monthly. His initial d...
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