mak33softball mak33softball

11-06-2021
Mathematics

contestada

Find the amount of money in an account after 9 years if $2,600 is deposited at 8% annual interest compounded monthly

Respuesta :

madethisfortwitch1 madethisfortwitch1

11-06-2021

Answer:

5328.78

Step-by-step explanation:

formula:

[tex]P(1+\frac{i}{n})^{n*t}\\2600(1+\frac{.08}{12})^{12*9}\\\\2600(1.006667)^{108}=5328.77861305[/tex]

this rounds to 5328.78

Answer Link

Otras preguntas

PLS HELP 30 POINTS Find the area of the composite figure.

can someone problem solve a side of a square?

Constant rate of change of y=4x-3? 10 POINTS

(っ◔◡◔)っ help me please the right answer will get brainliest 5.0 stars 31 points and thanks lol

"This george was a man who, after a lifetime of doing down the widow and orphan, had begun to feel the strain a bit" 1. What is the meaning of this sentence.

What is the core message of Taylor swift's red? Using 2 quotes, 2 language techniques

Will give 30 points if answered

what is the answer to this question A function, f(x) = 4x + 5, has a domain 0 ≤ x ≤ 50. What is its range?

"Point D has the same x-coordinate as the y-coordinate as B same same y-coordinate as the x-coordinate of point A." I need help on C.

1) When was Elizabeth Freeman born? A) 1776 B) 1886 C) 1700 D) 1744 2) Read the following sentences from the text. “The Massachusetts Constitution was a leg