Mathematics, 06.08.2021 19:50 sherry59Sherry59

Jimmy invests $15,000 in an account that pays 4.30% compounded quarterly. How long (in years and months) will it take for his investment to reach $20,000? years and
months
(Round the answer for months up to the nearest multiple of three.)

Answers: 1

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Jimmy invests $15,000 in an account that pays 4.30% compounded quarterly. How long (in years and months) will it take for his investment to reach $20,000? years and months (Round the answer for months up to the nearest multiple of three.)

Answers

Another question on Mathematics

Jimmy invests $15,000 in an account that pays 4.30% compounded quarterly. How long (in years and months) will it take for his investment to reach $20,000? years and
months
(Round the answer for months up to the nearest multiple of three.)