Question:
Find out how long it takes a $2700 investment to earn $300
Last updated: 7/12/2022
Find out how long it takes a $2700 investment to earn $300 interest if it is invested at 7% compounded quarterly. Round to the nearest tenth of a year. Use the formula A=P(1+r/n)nt 1.7 years 1.5 years 1.9 years 1.3 years