s9999 s9999
  • 04-05-2020
  • Mathematics
contestada

If Jim invests $1000, how many years will it take for him
to have $3000 given 8% interest compounded
quarterly? (round to 1 decimal place.)

Respuesta :

Аноним Аноним
  • 04-05-2020

Answer:

14.3

Step-by-step explanation:

1000 * (1.08)^y = 3000 where y is the no of years

y=log1.08(3)

Answer Link

Otras preguntas

Meg wants to preview all images in a folder so that she can quickly find the image she wants. Which view will help her do this?
What was the new type of warfare used by germany against poland and later france?
HELP PLEASE!! IT'S DUE IN 5 MINUTES!! _____ is the broad interior area of North America that used to be grasslands.
Solve these two problems pls. 1. -2/9d=4 2. -24= -6/7p
How do I solve this?
No work is done when an energy transformation takes place. True or False
How did the united states hope to use the policy of containment and the truman doctrine to respond?
Solve the following system. y=-2x^2+3x-1 and x+y=-1 The solutions are ___ and ___.
What are the seven dwarfs names off of snow white?
a rectangular sofa cushion is 36 inches by 30 inches by 20 inches. How many cushions can be covered with 38400 square inches of material?