Solve the problem.
-How long must $5000 be in a bank at 8% compounded annually to become $11,658.19? (Round to the nearest year.)
A) 13 yr
B) 11 yr
C) 10 yr
D) 12 yr

Question

Quizplus · Accepted Answer

The Answer of Solve the problem.
-How long must $5000 be in a bank at 8% compounded annually to become $11,658.19? (Round to the nearest year.)
A) 13 yr
B) 11 yr
C) 10 yr
D) 12 yr

Solve the Problem. -How Long Must $5000 Be in a Bank at 8