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OpenStudy (anonymous):
Clara invests $5,000 in an account that pays 6% interest per year. After how many years will her investment be worth $10,000? Can someone explain how to find this? Pleaseeee
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OpenStudy (campbell_st):
is the interest compounding...?
OpenStudy (anonymous):
No idea
OpenStudy (campbell_st):
so you don't know if its simple, compound or continuous interest..
OpenStudy (anonymous):
No. what my question says is the exact words of the problem
OpenStudy (anonymous):
16 2/3 years
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OpenStudy (anonymous):
Awesome thank you!
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