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

Marketing research indicates that almost 70 percent of all women drivers who have driven a Volkswagen Cabrio prefer it to any other car. Knowing that women make
Organs combine to form Which term best completes the sentence?
A shipment of 7 television sets contains 2 defective sets. A hotel makes a random purchase of 3 of the sets. If x is the number of defective sets purchased by t
Which of the following is not an advantage of wireless devices to users? Select one: a. They have sufficient computing power to perform productive tasks. b. The
Products sold on alibabas website to foreign countries may be subject to taxes or
the two major political parties in the U.S. are a considered part of _______ A.the principle of checks and balances B.the unwritten constitution C.article 1 of
How does the use of light and color in this painting express emotion? The dark colors express anger and irritation. The contrasting colors create excitement. Th
2. El cociente de 15 y un número.
Compute the voltage drop along a 26-m length of household no. 14 copper wire (used in 15-A circuits). The wire has diameter 1.628 mm and carries a 13-A current.
What is true of debates in the states?