Mathematics, 14.11.2019 18:31 pollywallythecat

Joaquin hopes to earn $700 in interest in 3.5 years time firm $28,000 that he has available to invest. to decide if it's feasible to do this by investing in an account that compounds monthly, he needs to determine the annual interest rate such an account would have to offer for him to meet his goal. what would the annual rate of interest have to be? round to two decimal places.

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Joaquin hopes to earn $700 in interest in 3.5 years time firm $28,000 that he has available to inves...