emys4834 emys4834

11-03-2021
Mathematics

contestada

Blake is going to invest $79,000 and leave it in an account for 9 years. Assuming the interest is compounded monthly, what interest rate, to the nearest tenth of a percent, would be required in order for Blake to end up with $96,000?

Respuesta :

rissarae40983 rissarae40983

20-03-2021

Answer:

r =2.2%

Step-by-step explanation:

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