kassandracordova432 kassandracordova432
  • 02-05-2022
  • Mathematics
contestada

Find the time required for an investment of 4,000 dollars to grow to 9,000 dollars at an interest rate
of 5% per year, compounded monthly. Give your answer accurate to 2 decimal places.
years.

Find the time required for an investment of 4000 dollars to grow to 9000 dollars at an interest rate of 5 per year compounded monthly Give your answer accurate class=

Respuesta :

jchebeir05 jchebeir05
  • 17-05-2022

Answer:

25 years

Step-by-step explanation:

Answer Link

Otras preguntas

PLEASE HELP NEED THIS NOW!!!!20 POINTS!!! How are the cultures in South America like the cultures in Mexico? How are they different?
Define & give significance of lebensraum
Paul graphed the equation y=x. Which point does the graph not pass through? A: (0,0) B: (6,6) C: (9,9) D: (12,14) Why?
What are some characteristics of medieval music?
what is the greatest common factor of 65,143,and 169
What were key factors in creating a strong wartime economy? new technologies, new methodologies, full labor force, government direction big business, immigratio
In the school library, there are 110 fiction books, 125 nonfiction books, and 250 magazines. The ratio of fiction books to nonfiction books is 110 : 125. Wri
Manual's job pays $11.50 per hour for a 40- hour work week. If Manual works over forty hours, he earns 1 1/2 times his hourly pay for each hour worked. How muc
Why did the federal government demonstrate its authority during the whiskey rebellion
What is 0.75 fraction in simplest form?