If Tanisha has $1,000 to invest at 7% per annum compounded monthly, how long will it be before she has $1,650? If the co

Business, Finance, Economics, Accounting, Operations Management, Computer Science, Electrical Engineering, Mechanical Engineering, Civil Engineering, Chemical Engineering, Algebra, Precalculus, Statistics and Probabilty, Advanced Math, Physics, Chemistry, Biology, Nursing, Psychology, Certifications, Tests, Prep, and more.
Post Reply
answerhappygod
Site Admin
Posts: 899603
Joined: Mon Aug 02, 2021 8:13 am

If Tanisha has $1,000 to invest at 7% per annum compounded monthly, how long will it be before she has $1,650? If the co

Post by answerhappygod »

If Tanisha Has 1 000 To Invest At 7 Per Annum Compounded Monthly How Long Will It Be Before She Has 1 650 If The Co 1
If Tanisha Has 1 000 To Invest At 7 Per Annum Compounded Monthly How Long Will It Be Before She Has 1 650 If The Co 1 (10.55 KiB) Viewed 29 times
If Tanisha has $1,000 to invest at 7% per annum compounded monthly, how long will it be before she has $1,650? If the compounding is continuous, how long will it be? Compounding monthly, it will be about years before Tanisha has $1,650. (Round to two decimal places as needed.)
Join a community of subject matter experts. Register for FREE to view solutions, replies, and use search function. Request answer by replying!
Top
Post Reply

Return to “Archived Questions & Answers”