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Write the equation and solve nicholas opens a saving account with 50$ .if the annual interest rate is 3.4% compounded bi-annually , how long will it take him to have a balance o…

Write the equation and solve nicholas opens a saving account with 50$ .if the annual interest rate is 3.4% compounded bi-annually , how long will it take him to have a balance o…
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write the equation and solve nicholas opens a saving account with 50$ .if the annual interest rate is 3.4% compounded bi-annually , how long will it take him to have a balance of $800

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User KingLagalot
by
7.7k points

1 Answer

2 votes

Answer:

2.585203176 * 10¹³

Explanation:

y = 50(1+0.034/2)²^x

Plug in 800

answered
User Jayflo
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7.9k points
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