Mathematics, 15.02.2021 07:40 Xghoued2056

Aria invested $96,000 in an account paying an interest rate of 1.8% compounded monthly. Assuming no deposits or withdrawals are made, how long would it take, to
the nearest tenth of a year, for the value of the account to reach $113,300?

Answers: 2

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Aria invested $96,000 in an account paying an interest rate of 1.8% compounded monthly. Assuming no...

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Aria invested $96,000 in an account paying an interest rate of 1.8% compounded monthly. Assuming no deposits or withdrawals are made, how long would it take, to the nearest tenth of a year, for the value of the account to reach $113,300?

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Another question on Mathematics

Aria invested $96,000 in an account paying an interest rate of 1.8% compounded monthly. Assuming no deposits or withdrawals are made, how long would it take, to
the nearest tenth of a year, for the value of the account to reach $113,300?