Question:

A person invests 1000 dollars in a bank The bank pays 6 75

Last updated: 5/1/2023

A person invests 1000 dollars in a bank The bank pays 6 75

A person invests 1000 dollars in a bank The bank pays 6 75 interest compounded monthly To the nearest tenth of a year how long must the person leave the money in the bank until it reaches 2500 dollars