Use the formula A=P (1+ r/n)ⁿ⁺ to solve the compound interest problem.
Find how long it takes for $ 900 to double if it is invested at 6 % interest compounded monthly.
The money will double in value in approximately ___ years.
(Do not round until the final answer. Then round to the nearest tenth as needed.)

Question

05-12-2022
Mathematics

Answered

At Westonci.ca, we make it easy to get the answers you need from a community of informed and experienced contributors. Get detailed answers to your questions from a community of experts dedicated to providing accurate information. Discover detailed answers to your questions from a wide network of experts on our comprehensive Q&A platform.

Use the formula A=P (1+ r/n)ⁿ⁺ to solve the compound interest problem.
Find how long it takes for $ 900 to double if it is invested at 6 % interest compounded monthly.
The money will double in value in approximately ___ years.
(Do not round until the final answer. Then round to the nearest tenth as needed.)

Sagot :

Thank you for your visit. We are dedicated to helping you find the information you need, whenever you need it. Your visit means a lot to us. Don't hesitate to return for more reliable answers to any questions you may have. Thank you for visiting Westonci.ca. Stay informed by coming back for more detailed answers.

Why did the American officers tell the volunteers not to fire "until you see the whites of their eyes"?

what is the most common name for an angle measurer

Why were Loyalists willing to support continued British rule but Patriots were not? Loyalists believed the British government protected their rights, but Patrio

what adds up to 11 and multiplies to -126

Solve by substitution 13x-4y=38 ×-6y= -54

which statement is a true statement a. a trapezoid is a regular polygon b. not all rectangles are parallelograms c. not all parallelograms are rectangles d. a t

Which was not a reason that the United States declared war against Spain in 1898? A. American newspaper publishers pushed public opinion in favor of war. B. The

Jerry drew a line on the coordinate plane that passed through the points (-4,8) and (6,13). Which equation represents the line that Jerry drew?

Which was not a reason that the United States declared war against Spain in 1898? A. American newspaper publishers pushed public opinion in favor of war. B. The

which statement is a true statement a. a trapezoid is a regular polygon b. not all rectangles are parallelograms c. not all parallelograms are rectangles d. a t

Sagot :

Other Questions