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3 July, 18:50

Jed deposited $400 into a bank that offers 3.9% interest rate, compounded daily. In how many years will his balance be $800? A. 18.5 years B. 24.1 years C. 17.7 years D. 12.1 years

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  1. 3 July, 21:24
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    The correct answer is C. 17.7 years because if they deposited thatnumber by the total number of the amount wanted to be found, you would come up with 17.7.
  2. 3 July, 22:36
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    The answer here is 17.7 years
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