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3. [0/1 Points] DETAILS PREVIOUS ANSWERS TANAPCALC10 5.3.017. MY NOTES ASK YOUR TEACHER PRACTICE ANOTHER Find the interest rate needed for an investment of $3000
3. [0/1 Points] DETAILS PREVIOUS ANSWERS TANAPCALC10 5.3.017. MY NOTES ASK YOUR TEACHER PRACTICE ANOTHER Find the interest rate needed for an investment of $3000 to grow to an amount of $6500 in 4 years if interest is compounded monthly. (Round your answer to the nearest hundredth of a percentage point.) Need Help? Read It Watch It 4. [0/1 Points] DETAILS PREVIOUS ANSWERS TANAPCALC10 5.3.021. MY NOTES ASK YOUR TEACHER PRACTICE ANOTHER Find the interest rate needed for an investment of $10,000 to triple in 11 years if interest is compounded monthly. (Round your answer to the nearest hundredth of a percentage point.) X % Need Help? Read It5. [0/1 Points] DETAILS PREVIOUS ANSWERS TANAPCALC10 5.3.022. MY NOTES ASK YOUR TEACHER PRACTICE ANOTHER How long will it take $12,000 to grow to $15,000 if the investment earns interest at the rate of 4%/year compounded monthly? (Round your answer to one decimal place.) X yr Need Help? Read It 6. [0/1 Points] DETAILS PREVIOUS ANSWERS TANAPCALC10 5.3.025. MY NOTES ASK YOUR TEACHER PRACTICE ANOTHER How long will it take for an investment of $3,000 to triple if the investment earns interest at the rate of 6%/year compounded daily? (Round your answer to one decimal place.) x yr Need Help? Read It
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