3. An amount of $12,000 is deposited into an account with annual interest of 4.2% compounded monthly. In how many years
Posted: Sat Jul 09, 2022 2:06 pm
3. An amount of $12,000 is deposited into an account with annual interest of 4.2% compounded monthly. In how many years will the amount grow to $18,000? Round your answer to two decimal places. m Acomp 4