pkpieistastyandgood pkpieistastyandgood

18-03-2021
Mathematics

contestada

a person invests 6500 dollars in a bank. the bank pays 6.75% interest compounded semi-annually. to the nearest tenth of a year, how long must the person leave the money in the bank until it reaches 15700 dollars?
A = P(1+r/n)^nt

Respuesta :

mikwede mikwede

26-03-2021

Answer:

t=13.28382 ≈ 13.3 years

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