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

What prime numbers make 32 being added up
Recognizing that Americans will live longer, and likely want to drive longer, Ford created a "Third Age" suit which simulates conditions older drivers face. Thi
What is the widely accepted principle behind vaccines?
Write two functions called permutation() and combination(), where permutation() computes and returns n!/(n-r)!whereas combination() returns. n!/(n-r)!r!A third
Till, Moraine and kettle are examples of a. glacial erosion c. glacial deposition b. types of glaciers d. valley glaciers Please select the best answer from the
Steve works at a gas station in an urban area. He is constantly exposed to particulate material emitted from vehicles. For this reason, Steve is likely to suffe
In triangle ABC, a = 12, _ B= 25°, and C= 45°. Find b.
A plumber charges a $25 service fee and $50 per hour. Ifx represents the number of hours the plumber is at yourhouse, the total cost for the plumber's service i
White is the product.
Consider a rotating object. On that object, select a single point that rotates. How does the angular velocity vector of that point compare to the linear velocit