9700 dollars is placed in an account with an annual interest rate of 6.25%. To the nearest tenth of a year, how long will it take for the account value to reach 51700 dollars?

Lời Giải

Lời Giải

Time : 69.28

Các bước giải pháp

Translate the problem into an equation:

51700 = 9700 (1 + 0.0625 t)

Giải

t, 51700 = 9700 (1 + 0.0625 t) : t = 69.28

Time : 69.28

Ví dụ phổ biến

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