2000 is deposited in an account that pays an APR of 6 4 compounded annually How long will it take for the balance to reach 160

Question

2000 is deposited in an account that pays an APR of 6 4 compounded annually How long will it take for the balance to reach 160 000 It will take years for the balance to reach 160 000 Round up to the nearest year

Kunduz · Accepted Answer

Click to see the answer