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2. (6pts) An investor deposits $4000 at an annual interest rate of 3% co

2. (6pts) An investor deposits $4000 at an annual interest rate of 3% co

  

2. (6pts) An investor deposits $4000 at an annual interest rate of 3% compounded quarterly (4 times per year).Use the compound interest formula mode! to determine how long it will take for the investor to double theirinvestment. Include units. Round to the nearest tenth…. Show more Math Algebra MTH 111 Share QuestionEmailCopy link Comments (0)