karenfungusa
karenfungusa karenfungusa
  • 25-03-2020
  • Mathematics
contestada

Landon invested $3,200 in an account paying an interest rate of 2.4% compounded monthly. Assuming no deposits or withdrawals are made, how long would it take, to the nearest year, for the value of the account to reach $4,860?

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nikolaychuknadea
nikolaychuknadea nikolaychuknadea
  • 25-03-2020

Answer:

17 years

Step-by-step explanation:

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