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OpenStudy (anonymous):
Rebecca deposited $5,338.18 into a savings account with an interest rate of 5.9% compounded twice a year. About how long will it take for the account to be worth $10,000?
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OpenStudy (anonymous):
URGENT PLEASE HELP
OpenStudy (anonymous):
There's a formula you have to use for this. I have it in my notes. Compounding interest formula.
OpenStudy (anonymous):
A=p(1+r/n)exponent (nt)
OpenStudy (anonymous):
(1+r/n) to the (nt) power. Sorry on my phone
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