Joe invests $3600 in an account earning 7.57% interest, compounded daily. How long will it take for the amount in the account to reach $13000? **Round to 3 decimal places**

College Algebra (MindTap Course List)
12th Edition
ISBN:9781305652231
Author:R. David Gustafson, Jeff Hughes
Publisher:R. David Gustafson, Jeff Hughes
Chapter8: Sequences, Series, And Probability
Section8.4: Geometric Sequences And Series
Problem 7SC
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Joe invests $ 3600 in an account earning 7.57% interest, compounded daily. How long will it take
for the amount in the account to reach $13000?
**Round to 3 decimal places
Transcribed Image Text:Joe invests $ 3600 in an account earning 7.57% interest, compounded daily. How long will it take for the amount in the account to reach $13000? **Round to 3 decimal places
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