samiamsam samiamsam
  • 02-07-2018
  • Mathematics
contestada

How much was $500 invested at 6% interest compounded monthly be worth after four years

Respuesta :

wolf1728
wolf1728 wolf1728
  • 02-07-2018
Total = 500 * (1 + .06/12) ^ 12 * 4
Total = 500 * (1.005) ^ 48

Total = 500 * 1.2704891611
Total =635.24
Ver imagen wolf1728
Answer Link
mh101 mh101
  • 02-07-2018
632.5 I think is how much
Answer Link

Otras preguntas

The cause of the sun rising and setting in the sky is the earths rotation . What is the affect
Find all points having an x-coordinate of 4 whose distance from the point (-2,-1) is 10
PLEASE CHECK MY ANSWERS (PART 1)
PLEASE HELP IS THE OLD YELLER !!!!!!!!!!!! When does Mrs. Coates first demonstrate that she recognizes Travis is taking on his father's role? A. when Travis go
Express 9.062 as a mixed number in the simplest form.
all answers to how to be a smart risk taker
what years did the cattle drives take place from
determine a relationship between the x- and y- values. write an equation. x =1 2 3 4 y = 4 5 6 7
how many peanuts will each person get if 3 people share 1/5 pound of peanuts equally write and solve a division equation to represent the problem
What changes were made in Utah during World War 1?