asked 98.6k views
2 votes
a principal of 3400 is invested at 6.5% interest, compounded annually. how many years will it take to accumulate 8000$ or more in the account

asked
User Veniece
by
8.5k points

1 Answer

5 votes

Answer:

It will take him 14 years to accumulate $8000 or more.

answered
User Trevor F
by
8.5k points
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