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

राम को आम खाता है। translate in english
evidence supporting a claim and counterclaim in an argument can be based on an appeal to emotion. this type of appeal is calleda. ethosb. logosc. pathosd. evide
Senator O'Reilly says that we should not support the initiative to funnel more money into public schools. I completely disagree, and I don't understand why Sena
In dust tracks on a road two white men visit hurston���s school. true false
What type of gland in the skin produces sweat?
Descriptive words and phrases set off by commas, such as the italicized phrase in the following sentence, are called___________. Janet, a very good friend of mi
zeus industries bought a computer for $2149. it is expected to depreciate at a rate of 25% per year. what will the value of the computer be in 3 years?
Zoe’s math teacher tells her to construct an equilateral triangle. What information does Zoe need?
f(x)=2x^3+13x^2+23x+12
If a point P(–1, –1) is reflected across the line y = –2, what are the coordinates of its reflection image?