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Holly wants to save money for an emergency. Holly invests $1,100 in an account that pays an interest rate of 8.75%. How many years will it take for the account to reach $6,400

Holly wants to save money for an emergency. Holly invests $1,100 in an account that pays an interest rate of 8.75%. How many years will it take for the account to reach $6,400
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5 votes
Holly wants to save money for an emergency. Holly invests $1,100 in an account that pays an interest rate of 8.75%. How many years will it take for the account to reach $6,400

asked
User Amachado
by
8.2k points

2 Answers

3 votes
I believe it would be 3.5 years or 3 1/2 years
answered
User CyclingIsBetter
by
7.7k points
6 votes

Answer:

20.99 years . plato

Explanation:

answered
User Mjturner
by
8.7k points
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