asked 58.4k views
3 votes
5800 dollars is placed in an account with an annual interest rate of 9%. To the nearest tenth of a year, how long will it take for the account value to reach 17600 dollars?

asked
User Luddek
by
7.6k points

1 Answer

5 votes
Hence It will take 12.88 years for the account value to reach 17600 dollars.
answered
User Victor Lee
by
7.5k points
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