How would I solve Use the model 4-P¹ or A-for I years.An $18,000 investment grows to $26,926.49 at 4.5% interest compounded arterly. For how long was the money invested? Round to the nearest year.d'as-P(1+²)".ContinueThe money was invested for approximately years.doudly, where A is the future value o P dollars invested at interest rater compounded continuously or a times per yearShp02022 MGRights Reserved. Terms of Use Privacy Center$0AG

This question is based on Compound interest formula.

Use the model 4-Peat A-P for I years. An $18,000 investment grows to $26,926.49 at 4.5% interest compounded arterly. For how long was the money invested? Round to the nearest year. , where A is the future value o P dollars invested at interest rate r compounded continuously or a times per year The money was invested for approximately years. X

Use the model 4-Peat A-P for I years. An $18,000 investment grows to $26,926.49 at 4.5% interest compounded arterly. For how long was the money invested? Round to the nearest year. , where A is the future value o P dollars invested at interest rate r compounded continuously or a times per year The money was invested for approximately years. X

College Algebra

1st Edition

ISBN:9781938168383

Author:Jay Abramson

Publisher:Jay Abramson

Chapter6: Exponential And Logarithmic Functions

Section6.1: Exponential Functions

Problem 68SE: An investment account with an annual interest rateof 7 was opened with an initial deposit of 4,000...

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