Mathematics, 12.01.2021 03:00 jasminerainn

5) Annaliese has a mutual fund that compounds annually at 3.5% per annum. Her principal was $750 and her current balance is $954.21.
Approximately how many years has she had this fund? *
A)5
B)6
C)7
D)8

Answers: 2

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5) Annaliese has a mutual fund that compounds annually at 3.5% per annum. Her principal was $750 an...

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5) Annaliese has a mutual fund that compounds annually at 3.5% per annum. Her principal was $750 and her current balance is $954.21. Approximately how many years has she had this fund? * A)5 B)6 C)7 D)8

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Another question on Mathematics

5) Annaliese has a mutual fund that compounds annually at 3.5% per annum. Her principal was $750 and her current balance is $954.21.
Approximately how many years has she had this fund? *
A)5
B)6
C)7
D)8