theweteffect
theweteffect theweteffect
  • 04-04-2017
  • Mathematics
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Derek invested 1,500 into an account that pays 9% intrest compounded monthly. How long must the money be left in the account for it to grow 2,147.11?

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sweeneyrobert67
sweeneyrobert67 sweeneyrobert67
  • 04-04-2017
4.79 Months, each month he gains 135 dollars so I subtracted the difference then divided by 135
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