Aria invested $96,000 in an account paying an interest rate of 1.8% compounded monthly. Assuming no deposits or withdrawals are made,

Question

Aria invested $96,000 in an account paying an interest rate of 1.8% compounded
monthly. Assuming no deposits or withdrawals are made, how long would it take, to
the nearest tenth of a year, for the value of the account to reach $113,300?

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Neala 5 years 2021-08-29T05:53:55+00:00 1 Answers 13 views 0

Answers ( )

  1. thienhuong
    0
    2021-08-29T05:55:05+00:00
    Reply

    Answer:

    9.2

    Step-by-step explanation:

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