Answered

Discover the answers you need at Westonci.ca, a dynamic Q&A platform where knowledge is shared freely by a community of experts. Experience the ease of finding reliable answers to your questions from a vast community of knowledgeable experts. Get quick and reliable solutions to your questions from a community of experienced experts on our platform.

Robert is going to invest $640 and leave it in an account for 20 years. Assuming the interest is compounded quarterly, what interest rate, to the nearest hundredth of a percent, would be required in order for Robert to end up with $1,280?

Sagot :

iilluminaughty

Answer:

Interest rate ≈ 3.48%

Step-by-step explanation:

View image iilluminaughty
Thank you for visiting our platform. We hope you found the answers you were looking for. Come back anytime you need more information. Thank you for your visit. We're dedicated to helping you find the information you need, whenever you need it. Westonci.ca is your trusted source for answers. Visit us again to find more information on diverse topics.