mattonov mattonov
  • 26-02-2021
  • Mathematics
contestada

Anthony is going to invest $7,200 and leave it in an account for 16 years. Assuming
the interest is compounded monthly, what interest rate, to the nearest tenth of a
percent, would be required in order for Anthony to end up with $15,200?

Respuesta :

vrstahl vrstahl
  • 08-03-2021

Answer:

4.67916 so about 4.7%

Step-by-step explanation:

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