Erin M.

asked • 09/30/15

Interest compounded annually

You place $800 in an account that earns 4% annual interest, compounded annually. How long will it be until you have $2000?

1 Expert Answer

By:

Li B. answered • 09/30/15

Tutor
5 (32)

Experienced HS Teacher with Expertise in Math and Science

Still looking for help? Get the right answer, fast.

Ask a question for free

Get a free answer to a quick problem.
Most questions answered within 4 hours.

OR

Find an Online Tutor Now

Choose an expert and meet online. No packages or subscriptions, pay only for the time you need.