Mathematics, 13.05.2021 23:40 dee4648

9. Suppose that $7,000 is invested in a savings account paying 2 % interest per year. How long will it take for the amount in the account to grow to $28,000 if interest is compounded monthly (Writting
down the setup only)?

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9. Suppose that $7,000 is invested in a savings account paying 2 % interest per year. How long will it take for the amount in the account to grow to $28,000 if interest is compounded monthly (Writting down the setup only)?

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Another question on Mathematics

9. Suppose that $7,000 is invested in a savings account paying 2 % interest per year. How long will it take for the amount in the account to grow to $28,000 if interest is compounded monthly (Writting
down the setup only)?