SOLUTION: $3200 is deposited into an account paying 3.4% compounded quarterly,how long will it take for the money in the account to reach $10,000?
Algebra.Com
Question 853098: $3200 is deposited into an account paying 3.4% compounded quarterly,how long will it take for the money in the account to reach $10,000?
Answer by ewatrrr(24785) (Show Source): You can put this solution on YOUR website!
Hi,
= t
RELATED QUESTIONS
$3200 is deposited into an account paying 3.4% interest compounded quarterly,
how much... (answered by ewatrrr)
If $500 is deposited in an account paying 8.6% annual interest, compounded continuously,... (answered by Fombitz)
If $1,500 is deposited in a savings account paying 5% compounded quarterly, how long will (answered by stanbon)
If $1500 is deposited in a savings account paying 5% compounded quarterly, how long will... (answered by midwood_trail,gonzo)
Question 1. What is the total amount an investment account after 3 1/2 years on a... (answered by Boreal)
Question 1.
How long will it take for an investment to double at 7%p.a. compounded... (answered by Boreal)
If you deposit P dollars into a bank account paying an annual interest rate r, (expressed (answered by EMStelley)
Find the numbers of years, to the nearest hundredth, it will take for money deposited in... (answered by ikleyn)
Suppose you invest your money into an account that pays 5.4% per year compounded... (answered by stanbon)