SOLUTION: a couple inherit $40000 and deposi it in a fixed term deposit that pays 4.5% p.a. compounded quarterly. They withdraw the money as soon as they have over $45000. how long did they

Algebra ->  Customizable Word Problem Solvers  -> Finance -> SOLUTION: a couple inherit $40000 and deposi it in a fixed term deposit that pays 4.5% p.a. compounded quarterly. They withdraw the money as soon as they have over $45000. how long did they       Log On

Ad: Over 600 Algebra Word Problems at edhelper.com


   



Question 602639: a couple inherit $40000 and deposi it in a fixed term deposit that pays 4.5% p.a. compounded quarterly. They withdraw the money as soon as they have over $45000. how long did they keep the money in that account?
Answer by solver91311(24713) About Me  (Show Source):
You can put this solution on YOUR website!




Solve for

John

My calculator said it, I believe it, that settles it
The Out Campaign: Scarlet Letter of Atheism