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Alexa S.

asked • 04/28/17

You deposit $100 in an account that pays 6% annual interest. How long will it take for the balance to reach $1000 when the interest is compounded annually?

Round answer to the nearest thousand

1 Expert Answer


Andrew M. answered • 04/28/17

New to Wyzant

Mathematics - Algebra a Specialty / F.I.T. Grad - B.S. w/Honors

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