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Serenity is going to invest $850 and leave it in an account for 5 years. Assuming the interest is compounded annually, what interest rate, to the nearest hundredth of a percent,…

Serenity is going to invest $850 and leave it in an account for 5 years. Assuming the interest is compounded annually, what interest rate, to the nearest hundredth of a percent,…
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2 votes
Serenity is going to invest $850 and leave it in an account

for 5 years. Assuming the interest is compounded
annually, what interest rate, to the nearest hundredth of a
percent, would be required in order for Serenity to end up
with $1,130?

asked
User Lars Kotthoff
by
8.0k points

1 Answer

3 votes

Answer:

5.86

Step-by-step explanation: its right on delta math

answered
User Hoodieman
by
8.8k points
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