Seudónimo Seudónimo

15-09-2021
Mathematics

contestada

Question 4
20 pts
You invest $3000 into an account that has a 3.7% annual
interest rate and is compounded monthly. How long will it
take until you have doubled your money?

a.38.56 years
b.1.6 years
c.18.76 yigars
d.231.29 years

Respuesta :

5982958 5982958

15-09-2021

Answer: the answer should be b.1.6 years

Step-by-step explanation:

Answer Link

amayagrimes67 amayagrimes67

15-09-2021

your answer is B
hope this helps

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