Mathematics, 02.11.2020 23:20 makayyafreeman

Byron deposits $13,500 in an account that earns 2.6% interest compounded monthly. How many years will it take for Byron's money to double if he does
not deposit or withdraw any funds during that time?
A. 29
B. 266
C. 27
D. 25

Answers: 2

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Byron deposits $13,500 in an account that earns 2.6% interest compounded monthly. How many years will it take for Byron's money to double if he does not deposit or withdraw any funds during that time? A. 29 B. 266 C. 27 D. 25

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Byron deposits $13,500 in an account that earns 2.6% interest compounded monthly. How many years will it take for Byron's money to double if he does
not deposit or withdraw any funds during that time?
A. 29
B. 266
C. 27
D. 25