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 effect did legalism have on society?
Identify the sentence structure. They sat and listened to the speech. A. simple B. compound C. complex D. compound-complex ??? Please help
Which of the following locations served as the headquarters for General Washington’s troops during the winter of 1777-1778?
what is the purpose of the fruit that develops on a flowering plant
Pitch me a short story idea. Nothing too short Nothing too long have it be simple so its like a 5th grader But not a simple as a 2nd grader. I fell asleep aft
Which are acceptable names for the plane? Choose all answers that are correct. A. Plane AU B. Plane JAU C. Plane R D. Plane ABC
What are the roles of women for the Mi'kmaq
Which of the following stresses would most likely cause an ecosystem to respond by succession?
a prism whose sides and faces are all congruent squares is a
The table shows monthly profits and losses for Whitney's juice shop for a 6-month period. What is the net profit or loss for all six months? Two row table