Logo
Home Study Material Contact Search
AI Chat FREE
  1. mathematics
  2. algebra
  3. you invest 7500 into an account that has a 1 6 ann

You invest 7500 into an account that has a 1 6 annual interest rate and...

90.2K

Verified Solution

Question

Algebra

image

You invest 7500 into an account that has a 1 6 annual interest rate and is compounded quarterly How long will it take until you have 10 000 72 06 years 18 02 years 28 56 years 6 2 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

Physics
1.2K views

A student is observing the oscillations of a mass on the end of a spring.   The...

Basic Math
1.2K views

You are given a system with n equations and n-2 variables. Is it possible for the solution...

Accounting
1.2K views

1.         Fast Tires issued $5,000,000 of five-year, 10% bonds on June 30, 20Y5, for $5,405,550. The bonds pay...

Accounting
1.2K views

Find the interest rate for each deposit and compound amount. $8000 accumulating to $12,384.48, compounded quarterly...

Biology
1.2K views

Genetic inheritance is being studied in a certain species of plant in which orange flower...

Basic Math
1.2K views

Describe the effect that the transformations y = 1.5. f(x - 5) + 4 have...

Calculus
1.2K views

7 Find the domain of y A 2 x 3 x 7

Algebra
1.2K views

3 ft 13 ft 6 ft 3 ft Determine the area of the given polygon...

Accounting
1.2K views

Aspen Ski Resorts has 100 employees, each working 40 hours per week and earning $15...

Accounting
1.2K views

Required: 1. Prepare journal entries to record each of the December transactions and events...

Accounting
1.2K views

Windsor Co, reports the following information for 2025 : sales revenue $769,800, cost of goods...

Finance
1.2K views

37) A Medicare supplement insurer pays for hospital care above the amount paid for by...