subject
Mathematics, 10.12.2020 05:50 addisonrausch

If $7,500 is placed in a savings account that earns a 5.5% nominal interest rate compounded monthly, determine the number of years it will take for
the investment to reach $10,000. Round your answer to the nearest
month of a year.


If $7,500 is placed in a savings account that earns a 5.5% nominal interest

rate compounded month

ansver
Answers: 1

Another question on Mathematics

question
Mathematics, 21.06.2019 20:30
4+(2+x) can you me solve this problem
Answers: 2
question
Mathematics, 21.06.2019 22:30
Adeposit of 5500 at 6% for 3 years equals
Answers: 2
question
Mathematics, 21.06.2019 23:30
The complement of an angle is one-sixth the measure of the supplement of the angle. what is the measure of the complement angle?
Answers: 3
question
Mathematics, 22.06.2019 01:00
On friday, there were x students at the baseball game. on monday, there were half as many students at the game as there were on friday. on wednesday, there were 32 fewer students at the game as there were on friday. which expression could represent the total number of tickets sold for all 3 games?
Answers: 2
You know the right answer?
If $7,500 is placed in a savings account that earns a 5.5% nominal interest rate compounded monthly...
Questions
question
English, 20.12.2020 09:10
question
Mathematics, 20.12.2020 09:10
question
English, 20.12.2020 09:10
question
Mathematics, 20.12.2020 09:10
question
Mathematics, 20.12.2020 09:10
question
Mathematics, 20.12.2020 09:10
question
Mathematics, 20.12.2020 09:10
Questions on the website: 13722363