1400 dollars is placed in an account with an annual interest rate of 7.75%. To the nearest tenth of a year, how long will it take for the account value to reach 6400 dollars?

Question

03-03-2021
Mathematics

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1400 dollars is placed in an account with an annual interest rate of 7.75%. To the nearest tenth of a year, how long will it take for the account value to reach 6400 dollars?

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