Mathematics, 06.05.2020 21:58, tyreannag7696

A person invests 7000 dollars in a bank. The bank pays 6.5% interest compounded

monthly. To the nearest tenth of a year, how long must the person leave the money

in the bank until it reaches 15900 dollars?

A= P(1 + ?)nt

Answers: 2

Show answers

Other questions on the subject: Mathematics

Mathematics, 21.06.2019 19:30, leannamat2106

Which statements are true? check all that apply. the line x = 0 is perpendicular to the line y = –3. all lines that are parallel to the y-axis are vertical lines. all lines that are perpendicular to the x-axis have a slope of 0. the equation of the line parallel to the x-axis that passes through the point (2, –6) is x = 2. the equation of the line perpendicular to the y-axis that passes through the point (–5, 1) is y = 1.

Answers: 1

continue

Mathematics, 21.06.2019 20:30, cld3331

Merrida uses a pattern in the multiplication table below to find ratios that are equivalent to 7: 9. if merrida multiplies the first term, 7, by a factor of 6, what should she do to find the other term for the equivalent ratio? multiply 9 by 1. multiply 9 by 6. multiply 9 by 7. multiply 9 by 9.

Answers: 1

continue

Mathematics, 21.06.2019 20:30, sg3635939

What is always true when two whole numbers are subtracted?

Answers: 1

continue

Mathematics, 21.06.2019 21:30, magicpuppydance

On #16 : explain how factoring a trinomial, ax^2+ bx+ c, when a does not equal 1 different from factoring a trinomial when a = 1.

Answers: 2

continue

Do you know the correct answer?

A person invests 7000 dollars in a bank. The bank pays 6.5% interest compounded

monthly....