MariahC07 MariahC07

02-12-2017
Mathematics

contestada

Find the amount in an account if $3,500 is invested at 6.12% compounded monthly, for 4 1/2 years.

Respuesta :

jorel1380 jorel1380

03-12-2017

6.12% compounded monthly equals 0.0612/12, or 0.0051 added monthly. So, $3500 invested for 4-1/2 years is:
3500 x (1.0051)^(48+6)=1.3161x3500=$4606.48
☺☺☺☺

Answer Link

Otras preguntas

How many words are in the Pledge of Allegiance? a. 31 b. 22 c. 29

This patriotic hymn, also called “America,” shares its tune, ironically, with “God Save the Queen,” the British National Anthem. Name it. a. “My Country, ‘Tis

This haunting and eloquent military tune originated as a signal to mark the end of the day, and is used today at funerals, wreath-laying services, and memorial

what is the dot in i called?

Believing that all football players are academically challenged, that all African Americans are great athletes, and that all women can cook well are examples o

United States inventor (born in Scotland) of the telephone (1847-1922)

Where should you go to read President Lincoln’s Gettysburg Address, which is carved in the walls of the Lincoln Memorial? a. Gettysburg, Penn. b. Washington,

Snap, crackle, pop! Name the cereal capital of the world: a. Kellogg, Minn. b. Battle Creek, Michigan c. General Mills, Idaho

Who was Samuel F.B. Morse?

What are two movies which titles relate to 4th of July?