subject
Mathematics, 10.03.2021 19:00 johnsonwhitney2

Tom wants to invest $8,000 in a retirement fund that guarantees a return of 8.93% and is compounded monthly. Determine how many years (round to hundredths) it will take for his investment to double. Immersive Reader (20 Points)

6.66 years

8.23 years

I do not understand

7.00 years

8.70 years

6.26 years

7.53 years

Answer not present

6.88 years

7.79 years

ansver
Answers: 2

Another question on Mathematics

question
Mathematics, 21.06.2019 19:30
Which table shows a proportional relationship between miles traveled and gas used?
Answers: 2
question
Mathematics, 21.06.2019 20:30
Which shows the graph of the solution set of 3y – 2x > –18?
Answers: 1
question
Mathematics, 21.06.2019 21:30
Rhombus adef is inscribed into a triangle abc so that they share angle a and the vertex e lies on the side bc . what is the length of the side of the rhombus if ab=c, and ac=b.
Answers: 1
question
Mathematics, 21.06.2019 23:40
In the diagram, a building cast a 35-ft shadow and a flagpole casts an 8-ft shadow. if the the flagpole is 18 ft tall, how tall is the building? round the the nearest tenth.
Answers: 2
You know the right answer?
Tom wants to invest $8,000 in a retirement fund that guarantees a return of 8.93% and is compounded...
Questions
question
Mathematics, 17.05.2021 23:10
question
Health, 17.05.2021 23:20
question
Mathematics, 17.05.2021 23:20
Questions on the website: 13722367