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SithLeo
18.10.2019 •
Mathematics
Tina wants to save money for school. tina invests $400 in an account that pays an interest rate of 4%. how many years will it take for the account to reach $12,200? round your answer to the nearest hundredth
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Ответ:
28.43 years
Step-by-step explanation:
![A = P(1 + r)^t\quad \text{where}](/tpl/images/0330/5233/da01e.png)
A is the amount accruedP is the principal (initial) amount investedr is the interest rate (in decimal form)t is the time (in years)Ответ:
Step-by-step explanation: