alexiselliott737
alexiselliott737 alexiselliott737
  • 28-04-2022
  • Mathematics
contestada

6) Molly invests $7,747 in a retirement
account with a fixed annual interest rate
compounded 2 times per year. After 16
years, the balance reaches $31,685.08.
What is the interest rate of the account?

Respuesta :

zrh2sfo
zrh2sfo zrh2sfo
  • 30-04-2022

Answer:

R = 9% per year

Step-by-step explanation:

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