trumaine1110
trumaine1110 trumaine1110
  • 04-04-2017
  • Mathematics
contestada

how much would $500 invested at 5% interest compounded monthly be worth after 4 years? round your answer to the nearest cent.

Respuesta :

robert7248
robert7248 robert7248
  • 06-05-2019

Answer:

500*(1+0.05/12)^(4*12) = 610.45

Answer Link

Otras preguntas

Which words in the sentence make up the appositive phrase? The winner of the art contest was Tiffany, my youngest cousin. A. was Tiffany B. of the art contes
An oak tree that is 220 years old produced acorns at two different rates. Until it reached maturity, it produced an average of 900 acorns a year. However, once
Give an example of oxidation reaction which can be a nuisance
Pentane, C5H12, will react as shown below: ____C5H12(l) + ____O2 --- ______CO2 +_______ H2O H20(g) 1. Balance the equation above by putting coefficients into ea
An oak tree that is 220 years old produced acorns at two different rates. Until it reached maturity, it produced an average of 900 acorns a year. However, once
What activities can you do on Jupiter?!
9 to the x-5 power=27
how did the constitution fix the problems for no executive branch?
Is this a good thesis statement for my essay? The Earth has many life-threatening problems caused by humans. One of these problems is the over-consumption of w
write the ratio 6 ft to 4yd as a fraction in simplest form.