Finding Thime If John invests $2300 in a savings accoun with a 9% interest rate...

60.1K

Verified Solution

Question

Finance

Finding Thime If John invests $2300 in a savings accoun with a 9% interest rate compounded quarterly, how long will i take until John's account has a balance of $4150

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students