Logo
Home Study Material Contact Search
AI Chat FREE
  1. mathematics
  2. algebra
  3. kaylee invested $830 in an account paying an inter

Kaylee invested $830 in an account paying an interest rate of 6.6% compounded how long...

60.1K

Verified Solution

Question

Algebra

image

Kaylee invested $830 in an account paying an interest rate of 6.6% compounded how long would it take, to monthly. Assuming no deposits or withdrawals are made, the nearest year, for the value of the account to reach $1,260?

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

1. As a demonstration of lab safety violations, a stainless steel water bottle is filled with...

Physics
Q

Plot longitudinal tensile strength of an E-glass/epoxy unidirectionally reinforced composite as a function of volume fraction of...

Mechanical Engineering
Q

Consider an AM modulator with the followings: the message signal is m(t)= 0.5 cos (2Ï€fmt), the...

Electrical Engineering
Q

You are asked to investigate the use of mathematical programming in accounting: applications and you decide...

General Management
Q

The cost, in dollars, of having n sandwiches delivered is C(n) = 6.5n(n + 5).(a)...

Basic Math
Q

0 3 12 Points 0 66 0 60 0 60 0 66 You may need...

Statistics
Q

8 Use Laplace Transform to solve o t 2 cos t 7 7 dt e...

Algebra
Q

Using the given equation a find the intercepts of its graph and b graph the...

Algebra
Q

E8-16 Preparing Cash Budget [LO 8-4] Walter Company has the following information for the month...

Accounting
Q

namic, Inc. had credit sales of $680,000 for March. Accounts receivable of $9,000 were determined...

Accounting
Q

In what way is a company required to report pension expense in the income statement?

Accounting
Q

Southwest Airlines Imagine that you are Herb Kelleher, and you are faced with...

Finance