luisc2134 luisc2134
  • 04-05-2021
  • Mathematics
contestada

$5,000 is invested at a rate of 7% compounded monthly. Determine the final balance after 5 years.

Respuesta :

rayleencoria rayleencoria
  • 04-05-2021

Answer:11,256

Step-by-step explanation:

Answer Link

Otras preguntas

So if you have 1500 ML then how many liters will you have?
How does beauty affect our everyday life
Please help!! Due tomorrow!! 18 points
A town with a population of 5,000 grows 3% per year. Find the population at the end of two years using the Growth and Decay method.
Part A . If i sell 2 skeins for 5 dollars what is the cost per skin of yarn Part B. I need 6 skeins of yarn to make an afghan. How much will the yarn cost
Put the events in the correct order. Daniel Ellsberg leaked the Pentagon Papers to The New York Times and The Washington Post. The New York Times published arti
You leave a 20% tip of $4.50. How much was the bill?
What is a change the hero might undergo from?
Flying with the wind (p+w) a plane went 327 mph. Flying into the same wind (p-w) the plane only went 289 mph. What is the speed of the wind? How fast would the
BRAINIEST The Founders of the United States gave much consideration to the division of responsibility between federal and state governments. They strove to stri