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  • 24-11-2021
  • Business
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$14,000 is invested in an account that earns 3% interest per year. When does the balance reach $19,379.27

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tselmuunc tselmuunc
  • 24-11-2021

Answer: 12 and a half month

Explanation:

Because 14,000 on a 3 percent interest per year; 3 percent of 14000 is 420 so think about it, when it goes to 19,379.27 it will take about 12 years along with the interests so about 12 and a half month.

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