1. Jim has $ 750 in an investment that earns 4% per year, compounded annually._Determine the number of years it will take for his balance to surpass $ 900, to three decimal places. Use the compound interest formula: A=P1+i °

Question
1. Jim has $ 750 in an investment that earns 4% per year, compounded annually._Determine the number of years it will take for his balance to surpass $ 900, to three decimal places. Use the compound interest formula: A=P1+i °
Answer:
1. Jim has $ 750 in an investment that earns 4% per year, compounded annually._Determine the number of years it will take for his balance to surpass $ 900, to three decimal places. Use the compound interest formula: A=P1+i ° 6510580b41ac1.webp
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algebra 11 months ago 6720