Numeric Response 12. Abdel invested $2 000 at an interest rate of 8.5%la compounded semi-annually. Determine the number of years it would take his investment to reach $6 000, rounded to the nearest tenth of a year. (Record your answer in the numerical-response section below.) Your answer:

Elementary Geometry For College Students, 7e
7th Edition
ISBN:9781337614085
Author:Alexander, Daniel C.; Koeberlein, Geralyn M.
Publisher:Alexander, Daniel C.; Koeberlein, Geralyn M.
ChapterP: Preliminary Concepts
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Numeric Response
12. Abdel invested $2 000 at an interest rate of 8.5%la compounded semi-annually.
Determine the number of years it would take his investment to reach $6 000,
rounded to the nearest tenth of a year.
(Record your answer in the numerical-response section below.)
Your answer:
Transcribed Image Text:Numeric Response 12. Abdel invested $2 000 at an interest rate of 8.5%la compounded semi-annually. Determine the number of years it would take his investment to reach $6 000, rounded to the nearest tenth of a year. (Record your answer in the numerical-response section below.) Your answer:
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