Question
If $5,000 is invested at 9% annual interest compounded quarterly, how long would it take for the account balance to reach $20,000? Round your answer
If $5,000 is invested at 9% annual interest compounded quarterly, how long would it take for the account balance to reach $20,000? Round your answer to the nearest tenth.
12.9 years
14.1 years
13.7 years
15.6 years
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Elementary Differential Geometry
Authors: Andrew N Pressley
2nd Edition
1848828918, 9781848828919
