
Mark M. answered 03/16/21
Tutor
5.0
(278)
Mathematics Teacher - NCLB Highly Qualified
6700 = 5000(1 + 0.075/4)4t
Can you solve for t and answer?
Davie T.
asked 03/15/21Find the time required for an investment of 5000 dollars to grow to 6700 dollars at an interest rate of 7.5 percent per year, compounded quarterly.
Your answer is t = __ years?
Mark M. answered 03/16/21
Mathematics Teacher - NCLB Highly Qualified
6700 = 5000(1 + 0.075/4)4t
Can you solve for t and answer?
Get a free answer to a quick problem.
Most questions answered within 4 hours.
Choose an expert and meet online. No packages or subscriptions, pay only for the time you need.