Question:
Tammy deposited $3000 into an account with a 5.6% annual
Last updated: 7/20/2022
Tammy deposited $3000 into an account with a 5.6% annual interest rate, compounded semiannually. Assuming that no withdrawals are made, how long will it take for the Investment to grow to $45397 Do not round any intermediate computations, and round your answer to the nearest hundredth.