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Elana invested $3,960 into an account that earns 3.91% interest compounded monthly . How long will it take (in years and days) to accumulate to
Elana invested $3,960 into an account that earns 3.91% interest compounded monthly. How long will it take (in years and days) to accumulate to $8,230. (1 year = 365 days)
Days are rounded up to the next days (e.g. 17.2 days becomes 18 days). Do not enter 365 days (e.g. 7 years 365 days, must be entered as 8 years 0 days). If years is a whole number, you must enter a zero for days for the answer to be marked as correct. All answer boxes must have an entry! P/Y = C/Y = I/Y = % PV = $ PMT = $ FV = $ Years = Days =
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