James wants to save up $12,000 for a vacation. He decides to invest $3,000 into a highyield savings account that offers an annual compound interest rate of 4%. How many years

will it take for James to reach his vacation savings goal if compounded semiannually?

asked by guest
on Nov 21, 2024 at 9:34 pm



Mathbot Says...

I wasn't able to parse your question, but the HE.NET team is hard at work making me smarter.


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