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

Based on the records for the past several seasons a sports fan believes the probability the red team wins is 0.55. The fan also believes the probability the blu
Those tests were constructed around items like fill-in-the-blank sentence completion, such as “Even though Tom was ______, Mary thought he was _____.” And the c
What is the value of c in the equation below?
What statement best describes the relationship between HTML, XML, and XHTML? A.They are all markup languages, and all have some commonalities and dissimilaritie
the img has the info
Two men walk at rates 6miles per hour and 10 miles per hour. They started from the same place walking in opposite directions. In how many hours will they be 200
Tyler simplified the expression
Need help on some questions.. easy points...
Paraphrased plagiarism means that a student failed to give any credit to the source used. A. true B. false
14.3 rounded to the nearest one