ashelove ashelove

01-12-2020
Mathematics

contestada

6. Find how long it takes $600 to double if it is invested at 12%
interest compounded monthly.
With work

Respuesta :

EmmaLee14 EmmaLee14

01-12-2020

Answer:

A = $697.09

Step-by-step explanation:

A = P (1 + r/n)

A = 600 (1 + 0.05/365)

A = $697.09

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