Please show work. Thank you!
Posted: Tue May 10, 2022 10:09 am
Please show work. Thank you!
Question 8 G Sumalee invests 51.776 in a retirement account with a fixed annual interest rate compounded 3 times per year. After 19 years, the balance reaches $6.588.80. What is the interest rate of the account? A 6.17% B 5.90% © 6.71% 6.98%
Question 8 G Sumalee invests 51.776 in a retirement account with a fixed annual interest rate compounded 3 times per year. After 19 years, the balance reaches $6.588.80. What is the interest rate of the account? A 6.17% B 5.90% © 6.71% 6.98%