Jason deposits $10,000 into an account paying ____9__(a number between 1.0% and 9.9%, rounded to the tenths place) % interest,

Question

Jason deposits $10,000 into an account paying ____9__(a number between 1.0% and 9.9%, rounded to the tenths place) % interest, compounded monthly. How long will it take for the balance to reach $20,000? Show your set-up and solving steps. Round to the thousandths place.

Kunduz · Accepted Answer

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