A person invests 10000 dollars in a bank. The bank pays 6.5%

Last updated: 8/6/2022

A person invests 10000 dollars in a bank. The bank pays 6.5% interest compounded annually. To the nearest tenth of a year, how long must the person leave the money in the bank until it reaches 29500 dollars? A=P(1+r/n)^nt