SOLUTION: Find out how long it takes a $3500 investment to earn $300 interest if it is invested at 8% compounded semiannually. Round to the nearest tenth of a year.

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Question 1113310: Find out how long it takes a $3500 investment to earn $300 interest if it is invested at 8% compounded semiannually. Round to the nearest tenth of a year.
Answer by solver91311(24713) About Me  (Show Source):
You can put this solution on YOUR website!




Solve for and round as instructed.

John

My calculator said it, I believe it, that settles it