Situation: How many years will it take for the account to
reach $16,300? Round your answer to the
nearest hundredth.
Enter the correct answer.
Jen wants to save money for the
future. Jen invests $700 in an account
that pays an interest rate of 6.75%.
DONE
A=P(1 + r)
P = amount of money invested
= interest rate percentage in decimal tommy
t = time in years
A = total money in the account at tinte