Jericho wants to start saving to purchase a house. His goal is to save $92,400. If he deposits $56,000 into an account that pays 2. 92% interest compounded daily, approximately how long will it take for his money to grow to the desired amount? round your answer to the nearest tenth of a year.

Question

02-12-2022
Business

Answered

Welcome to Westonci.ca, where you can find answers to all your questions from a community of experienced professionals. Get quick and reliable solutions to your questions from a community of experienced professionals on our platform. Discover detailed answers to your questions from a wide network of experts on our comprehensive Q&A platform.

Jericho wants to start saving to purchase a house. His goal is to save $92,400. If he deposits $56,000 into an account that pays 2. 92% interest compounded daily, approximately how long will it take for his money to grow to the desired amount? round your answer to the nearest tenth of a year.

Sagot :

We hope you found this helpful. Feel free to come back anytime for more accurate answers and updated information. Thank you for your visit. We're committed to providing you with the best information available. Return anytime for more. Thank you for visiting Westonci.ca, your go-to source for reliable answers. Come back soon for more expert insights.

A dolphin is at the surface of the water and then descends to a depth of [tex]$4 \frac{1}{2}$[/tex] feet. Then the dolphin swims down another [tex]\(2 \frac{3

Consider [tex]$ U = \{ x \mid x \text{ is a positive integer greater than 1} \} $[/tex].Which is an empty set?A. [tex]\(\{ x \mid x \in U \text{ and } \frac{1

Relating to hr management : compare centralisation vs decentralisation

Read the excerpt from part two of Trifles:---MRS. HALE. It's log cabin pattern. Pretty, isn't it? I wonder if she was goin' to quilt or just knot it?(Footsteps

According to Mt 3, why was John baptizing?a. For repentanceb. To empower the nation militarilyc. For the gift of the Holy Spiritd. To condemn the false prophets

What is the term used for the total number of people over the age of fifteen that do not live on aboriginal reserves, that are not part of the armed forces and

Como encuentro la moda en las matemáticas

What is true of the relationship between the Church and kingdoms in Europe?A. The kingdoms were wealthier than the Church.B. The kingdoms supplied knights for t

In the social sciences (such as management), one of the best types of evidence for a theory is: a. theories do not have 'evidence' that is why they are called "

Which set of transformations is needed to graph [tex]$ f(x) = -2 \sin(x) + 3 $[/tex] from the parent sine function?A. Vertical compression by a factor of 2, v

Sagot :

Other Questions