ldestiny036 ldestiny036
  • 22-03-2020
  • Mathematics
contestada

write the equation and solve nicholas opens a saving account with 50$ .if the annual interest rate is 3.4% compounded bi-annually , how long will it take him to have a balance of $800

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eli4greyninja
eli4greyninja eli4greyninja
  • 22-03-2020

Answer:

2.585203176 * 10¹³

Step-by-step explanation:

y = 50(1+0.034/2)²^x

Plug in 800

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