Mathematics, 10.03.2021 16:20 youngking123

Marisol invests $2,006 in a mutual fund which pays 3.3% annual interest, compounded quarterly. How many years will it take Marisol's invest to grow to $4,639? Round the answer to ONE decimal place. The equation for the value of this investment is LaTeX: A=P\left(1+\frac{r}{4}\right)^{4t} A = P ( 1 + r 4 ) 4 t , where A is the value of the investment, P is the initial investment, r is the annual interest rate, and t is the time in years.

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Marisol invests $2,006 in a mutual fund which pays 3.3% annual interest, compounded quarterly. How m...

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