Don't know what formula to use Ahmed wants to invest $10,000.00 in a savings account that pays 7.07% simple interest. How long will ittake for this investment to reach a value of $14,700.007Round your answer to the nearest tenth of a year.It will takeyears for the investment to reach a value of $14,700.00.Question Help: D Video Message instructorSubmit Question9 64°F A

Given that Principal amount = $10,000 interest rate = 7.07%

Ahmed wants to invest $10,000.00 in a savings account that pays 7.07% simple interest. How long will it take for this investment to reach a value of $14,700.00? Round your answer to the nearest tenth of a year. It will take years for the investment to reach a value of $14,700.00. Question Help: Video Message instructor Submit Question

Ahmed wants to invest $10,000.00 in a savings account that pays 7.07% simple interest. How long will it take for this investment to reach a value of $14,700.00? Round your answer to the nearest tenth of a year. It will take years for the investment to reach a value of $14,700.00. Question Help: Video Message instructor Submit Question

Elementary Algebra

17th Edition

ISBN:9780998625713

Author:Lynn Marecek, MaryAnne Anthony-Smith

Publisher:Lynn Marecek, MaryAnne Anthony-Smith

Chapter1: Foundations

Section1.10: Systems Of Measurement

Problem 1.284TI: The astronauts of Expedition 28 on the International Space Station spend 15 weeks in space. Convert...

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