Question 7 Homework - Answered Suppose you deposited $3,000 in a savings account earning 2.7% interest compounding daily. How long will it take for the balance to grow to $10,000? Answer in years rounded to two decimal places. (e.g, 2.4315 years --> 2.43) (Hint: The question is asking "how long", so this is a "solve for n" question. Note that interest is compounded non-annually.) Type your numeric answer and submit 47.08 You are incorrect Hint The non-annually compounded version of the "solve for n" formula gives us the total number of compounding periods, nxm. Note that this question is asking for the number of years,n. So, after finding nxm, you need to divide that by m to find the number of years, Don't round until the very end, Answered - Incorrect 2 attempts left Resubmit