Explore Westonci.ca, the premier Q&A site that helps you find precise answers to your questions, no matter the topic. Explore in-depth answers to your questions from a knowledgeable community of experts across different fields. Join our platform to connect with experts ready to provide precise answers to your questions in different areas.
Use the formula A=P(1+r/n)ⁿt to solve the compound interest problem
Find how long it takes a $ 1700 investment to earn $ 500 interest if it is invested at 2 % interest compounded quarterly.
$ 500 interest will be earned in approximately years. (Round to the nearest tenth.)
![Use The Formula AP1rnⁿt To Solve The Compound Interest Problem Find How Long It Takes A 1700 Investment To Earn 500 Interest If It Is Invested At 2 Interest Com class=](https://us-static.z-dn.net/files/d24/d32285605cc8949783d41c378a6df6fb.jpg)