chase301 chase301
  • 09-04-2021
  • Mathematics
contestada

Evelyn is going to invest $3,500 and leave it in an account for 16 years. Assuming the
interest is compounded quarterly, what interest rate, to the nearest tenth of a
percent, would be required in order for Evelyn to end up with $6,200?

Respuesta :

mlmichelleml22 mlmichelleml22
  • 12-04-2021

Answer:3.6%

Step-by-step explanation:

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