Mathematics, 16.12.2021 06:00 shelbylynn17

A person invests 7000 dollars in a bank. The bank pays 4% interest compounded quarterly. To the nearest tenth of a year, how long must the person leave the money
in the bank until it reaches 14700 dollars?
r
A = P(1+ )nt
n

Answers: 2

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More questions: Mathematics Another questions

A person invests 7000 dollars in a bank. The bank pays 4% interest compounded quarterly. To the nearest tenth of a year, how long must the person leave the money in the bank until it reaches 14700 dollars? r A = P(1+ )nt n

Answers

Another question on Mathematics

A person invests 7000 dollars in a bank. The bank pays 4% interest compounded quarterly. To the nearest tenth of a year, how long must the person leave the money
in the bank until it reaches 14700 dollars?
r
A = P(1+ )nt
n