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$2,500 is invested in an account earning 8.4% interest compounded annually. How many years did it take to reach $4,000?

$2,500 is invested in an account earning 8.4% interest compounded annually. How many years did it take to reach $4,000?
asked 210k views
1 vote
$2,500 is invested in an account earning 8.4% interest compounded annually. How many years did it take to reach $4,000?

asked
User Gunavant Patel
by
8.4k points

1 Answer

3 votes

Answer:

3 years

Explanation:

answered
User Johan Kool
by
7.9k points
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