Logo
Home Study Material Contact Search
AI Chat FREE
  1. mathematics
  2. algebra
  3. how long do you need to invest your money in an ac

How long do you need to invest your money in an account earning an annual...

70.2K

Verified Solution

Question

Algebra

image

How long do you need to invest your money in an account earning an annual interest rate of 3.359% compounded daily so that your investment grows from $1,185.79 to $10,448.00 over that period of time?________________days(Note: Your answer should be an integer)

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

An green hoop with mass mh = 2.8 kg and radius Rh = 0.12 m hangs...

Physics
Q

How is repetition used in the following passage from Thomas Paine s The Crisis No...

Biology
Q

The sun generates energy through nuclear fusion What is nuclear fusion O Small atoms bond...

Biology
Q

A pension and Medicare B Medicaid and Social Security O OC income tax and health...

Geometry
Q

For each of the pairs of sets determine whether the first is a subset of...

Basic Math
Q

The following Venn diagram represents Some S are not P True O False S X...

Basic Math
Q

A company started its business at the beginning of the year 2023. The...

Accounting
Q

Tn Fecta, a partnership, had revenues of $369,000 in its first year of operations. The...

Accounting
Q

What is the main difference between a perpetual inventory system and a periodic inventory system?...

Accounting
Q

Identify the 2 factors that will cause a foreign exchange gain.

Accounting
Q

19. The management of Penfold Corporation is considering the purchase of a machine that would...

Accounting
Q

The owner of a number of gas stations is considering installing coffee machines in his...

Finance