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kkurt [141]
3 years ago
11

I need help I dont know how to do this

Mathematics
2 answers:
Nikolay [14]3 years ago
7 0

Answer:

9.2

Step-by-step explanation:

you get 9.1651513... but it says round to the nearest 10th which would be 9.2

Amiraneli [1.4K]3 years ago
3 0
9.2 if it’s rounded to the nearest 10th
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if you deposit $8000 into an account paying 9% annual interest compunded semi anually how long will it take for your money to do
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#First we determine the effective annual rate based on the 9% compounded semi annual;

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Hence, it takes 7.87 years for the principal amount to double.

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