Dmoney6003 Dmoney6003

01-02-2024
Mathematics

contestada

Suppose $7,400 is invested in an annually compounded account at 2.55%. Approximately how long will it take for the balance to reach $15,910?
a. 5 years
b. 8 years
c. 10 years
d. 12 years
e. 15 years

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