anonymous
  • anonymous
Carrie deposited $5,288.73 into a savings account with an interest rate of 2.3% compounded quarterly. About how long will it take for the account to be worth $8,000?
Mathematics
  • Stacey Warren - Expert brainly.com
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SOLVED
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katieb
  • katieb
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anonymous
  • anonymous
I got 18 years, but how many months?
anonymous
  • anonymous
This is what I got for an answer: 18.04574388
anonymous
  • anonymous
With that number I have to find the month(s).

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anonymous
  • anonymous
|dw:1363034154772:dw|
anonymous
  • anonymous
Do you want me to help yhu?
anonymous
  • anonymous
That would be great.
anonymous
  • anonymous
okay..just a sec.
anonymous
  • anonymous
Okay, thanks.
anonymous
  • anonymous
I believe you take $5,288.73 and divide it by 2.3% then subtract it from 8000
anonymous
  • anonymous
No that is wrong. I know that much.

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