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 p

Question

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?

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Gia Bảo 4 years 2021-08-28T07:02:50+00:00 2 Answers 12 views 0

Answers ( )

  1. thienan
    0
    2021-08-28T07:03:53+00:00
    Reply

    Answer:

    18.6

    Step-by-step explanation:

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  2. thienthanh
    0
    2021-08-28T07:04:29+00:00
    Reply

    Answer:

    18.6

    Step-by-step explanation:

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