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

A car rental rents out SUV's for $300 a week and sedans for $220 a week. If the owner of the rental wants $75,000 in revenue, how many SUV's must be rented if 1
If m = rxf, then what will be the value of m*r? A) r²x B) rf C) r²xf D) m
Using front-end estimation, what is the correct estimation of the sum, 23+33+44+51+31 -A. 180B. 170C. 160D. 150
Two experimental runs are performed to determine the calorimetric properties of an alcohol that has a melting point of -10°C. In the first run, a 200-g cube of
Ms. Young ate 4 donut holes and Mrs. Hatch ate 25% more than that. How many donut holes did Mrs. Hatch eat?
True or false? Dispositionism refers to the view that our behavior and actions are determined by our immediate environment and surroundings.
Question number 5 please. I wrote it down if you can't see the whole question from the photos. 5. Figure 3.33 shows the Millau viaduct in south-western France.
-2=7(q+ 2) +3(2q -1) Solve for q
Write at least ONE paragraph to describe the Wave experiment.
Solve Please Don’t Understand new material teacher is teaching