diangeloortiz
06.05.2020 •
Mathematics
Rick puts $6500 in a high interest money market account at 4.36% annual interest
compounded monthly. Assuming he makes no deposit or withdrawals, how long will it
take for his investment to grow to $7000?
A. 2 years
B. 7.1 years
C. 1.6 years
D. 1.7 years
E. None of them
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