Share

## Grace invested $7,000 in an account paying an interest rate of 4.7% compounded quarterly. Assuming no deposits or withdrawals are made

Question

Grace invested $7,000 in an account paying an interest rate of 4.7% compounded

quarterly. 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 $11,870?

in progress
0

Mathematics
5 months
2021-09-04T07:56:27+00:00
2021-09-04T07:56:27+00:00 1 Answers
4 views
0
## Answers ( )

Answer:11.3

Step-by-step explanation: