Tuesday
July 29, 2014

Homework Help: Math

Posted by CrissyXD on Saturday, March 24, 2012 at 4:46am.

Compound interest question:

When Aaron invested $100 at 4.5% p.a. annually compounding, it amounted to $142.21. For how many years was it invested?

Is there a way to solve this question without using the formula for compound interest?

Answer this Question

First Name:
School Subject:
Answer:

Related Questions

Math - A=P(1+r)^2 A= interest P= principle interest r= interest rate t= time in ...
Algebra - Compare the future amounts (A) you would have if the money were ...
Algebra - Compare the future amounts (A) you would have if the money were ...
math(compund interest ) - 10.On 16 April 1990, $5000 was invested at 6% ...
math - Money is invested at two rates of interest. One rate is 8% and the other ...
math - you invested $4000 in two accounts paying 2% and 9% annual interest, ...
algebra - Money is invested at two rates of interest. One rate is 8% and the ...
Finance math - If $100 is invested at 6% compunded A - annually B - quarterly C...
math - sam invested $5000 in a GIC earning 8% compound interest per year, the ...
continuous compounding? - $50,000 that was invested in 1970 was worth $134,100 ...

Search
Members