How long will it take for $46,000 placed in a savings account oaming 10% interest...

70.2K

Verified Solution

Question

Finance

image
How long will it take for $46,000 placed in a savings account oaming 10% interest rate per year to grow into 371.000 Question of 25 A 6.78 years B. 4.55 years O C. 8.66 years OD. 2.43 years

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