Mathematics, 30.03.2020 23:10, losalobos46

A bank account earns 6% annual interest compounded annually. The balance B of the account after t years is given by the equation B = B0(1.06)t, where B0 is the starting balance. If the account starts with a balance of $400, how long will it take to triple the balance of the account? If necessary, round your answer to the nearest hundredth.

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A bank account earns 6% annual interest compounded annually. The balance B of the account after t ye...