Question:
Answer the following compound interest questions Show your
Last updated: 11/12/2023
Answer the following compound interest questions Show your work algebraically and use correct rounding and units for your answers A The amount of money in a savings account is modeled by A 7000e0 063r where t is measured in years since money was first placed in the account Determine how many years it would take until the account has a value of 37 000 Round your answer to the nearest 0 01 years