Tuesday

September 16, 2014

September 16, 2014

Posted by **CINDY** on Tuesday, January 1, 2013 at 11:06pm.

- MATH -
**Steve**, Wednesday, January 2, 2013 at 10:55amsolve for t:

5000 = 3500(1+.045/12)^(12*t)

t =~ 8 years

**Answer this Question**

**Related Questions**

Algebra - you deposit 3500 in an account that pays 4.5% annual interest, ...

finance - 14. Assume Julian has a choice between two deposit accounts. Account A...

Finite Math and Applied Calculus - Betty Sue sets up a retirement account. For ...

math - if you deposit $700 a month in a savings account that earns 4% interest ...

math - if you deposit $700 a month in a savings account that earns 4% interest ...

math - If you have a savings of $2235 and deposit the amount into an account ...

math - You deposit $1200 in an account that pays an APR of 7% compounded monthly...

Compound math - (Future Value) Suppose you invest $8000 into an account that ...

math - An initial deposit of $5000 earns 5.5% annual interest compounded ...

Math - An initial deposit of $5000 earns 5.5% annual interest compounded ...