Mathematics, 24.03.2021 14:00, guccci8512

A person invests 2000 dollars in a bank. The bank pays 4.75% interest compounded quarterly. To the nearest tenth of a year, how long must the person leave the money
in the bank until it reaches 3500 dollars?
A = P(1 + + ?.)nt
n
00

Submit Answer

A person invests 2000 dollars in a bank. The bank pays 4.75% interest compounded

quarterly. To th

Answers: 2

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A person invests 2000 dollars in a bank. The bank pays 4.75% interest compounded quarterly. To the nearest tenth of a year, how long must the person leave the money in the bank until it reaches 3500 dollars? A = P(1 + + ?.)nt n 00 Submit Answer

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A person invests 2000 dollars in a bank. The bank pays 4.75% interest compounded quarterly. To the nearest tenth of a year, how long must the person leave the money
in the bank until it reaches 3500 dollars?
A = P(1 + + ?.)nt
n
00

Submit Answer