asked 49.2k views
2 votes
peyton is going to invest  $310 and leave it in an account for 16 years assuming the interest is compounded quarterly what interest rate to the nearest hundredth of a percent would be required in order for peyton to end up with $530

asked
User CinCout
by
7.8k points

2 Answers

5 votes

Answer:

3.35

Explanation:

answered
User Daveswen
by
8.6k points
3 votes

Answer:

3.37

Explanation:

answered
User Osama Qarem
by
8.7k points