08-01-2019
Mathematics

contestada

You invest $12,000 at 3.8% annual interest compounded annually. * How long does it take for you to have $28,000?

Respuesta :

devineredd52 devineredd52

08-01-2019

Answer:

It will take you 2 years.

Step-by-step explanation:

12,000 times 2 is 24,000. It could be 2 in a half years, or 3 years. You cant or dont wanna go over 28,000.

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