- If an investment of $1090.00 earned interest of $361.00 at 5.5% compounded quarterly, for how many years and months was the money invested? State your answer in years and months (from 0 to 11 months). The money was invested for year(s) and month(s).

If an investment of $1090.00 earned interest of $361.00 at 5.5% cornpounded quarterly, for how many years and months was the money invested? Stale your answer in years and months (from 0 to 11 months) The money was invested for year(s) and month(s)