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 of these tables represent a function
It is important for an entrepreneur to have ___________ when approaching an angel investor or venture capitalist
The nation of cropitia has a comparative advantage over bonovia in producing ham if?
An electron is ejected from the cathode by a photon with an energy slightly greater than the work function of the cathode. How will the final kinetic energy of
Describe some friends and family members and your relationships with them. further your participation in the discussion by asking questions about what others po
Which of the following measurements has 2 significant figures? O 0.001 cm 11.0 cm O 100 cm O 100 cm
3. What is the measure of angle B from the right triangle below?
Biomes on Earth have exhibited changes throughout history that have been caused by a variety of factors. Over the past 50 years, the amount of tropical rainfore
Name one of the three different levels at which an organization can be diagnosed?
You have important clients in town who want to have dinner with you, but your mother has a plumbing leak and has asked you to come over and shut off the water u