It will take 19 years and 6 months for the account value to reach 2900 dollars
Step-by-step explanation:
Given
Principal amount = 1400 dollars
Rate = 5.5 %
Final value = A = 2900
We have to find t
So,
The formula for simple interest is:

Putting values

Dividing both sides by 0.055

Rounding off to nearest tenth
19.5 years
Hence,
It will take 19 years and 6 months for the account value to reach 2900 dollars
Keywords: Interest, simple interest
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Answer:
-19
Step-by-step explanation:
0.3h+1.2=0.1h-2.6
.2h+1.2=-2.6
.2h=-3.8
h=-19
Answer:
please just add the question
Answer:
24
Step-by-step explanation:
add all the numbers up and then divide that number by the amount of numbers there are
Answer:
Me
Step-by-step explanation: