you deposit $1500 into an account with 4% annual compund interest. complete the following, assuming you make no deposits or withdrawls  In how many years will the account be growing by $150 per year?

Intermediate Algebra
19th Edition
ISBN:9780998625720
Author:Lynn Marecek
Publisher:Lynn Marecek
Chapter2: Solving Linear Equations
Section2.2: Use A Problem Solving Strategy
Problem 2.49TI: Nathaly deposited $12,500 in her bank account where it will earn 4% simple interest. How much...
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you deposit $1500 into an account with 4% annual compund interest. complete the following, assuming you make no deposits or withdrawls 

In how many years will the account be growing by $150 per year? 

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