Mathematics, 26.08.2019 21:00 oliviac0327
Tina wants to save money for school. tina invests $1,000 in an account that pays an interest rate of 8%. how many years will it take for the account to reach $1,300? round your answer to the nearest hundredth.
a=p(1+r)^t
p = amount of money invested
r = interest rate percentage in decimal form
t = time in years
a = total money in the account at time
Answers: 1
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Mathematics, 21.06.2019 21:30
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