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

Juanita is saving money for a car. The vehicle she wants costs 7,500 dollars. A relative gave her part of the money she needs before she started saving. She det
According to evolutionary psychologists, which male would be most interested in sharing child rearing responsibilities with his wife? a. chung, who has a stro
The Ribbon must always appear onscreen in the PowerPoint Online application. True or False?
write a verbal sentence involving an unknown number and two operations
What is the era that heralded the beginnings of agriculture? A) the Bronze Era B) the Neolithic Era C) the Victorian Era D) the Paleolithic Era   brainleast
Organisms reproduce by two main methods. One is division, in which the animal divides and creates an exact copy of itself. What is the other main method of rep
True or Faulse: The oxidation process occuring in the liver rids the bloodstream of 32% of the alcohol present
Upon which characteristic is a lyric poem's rhythm based? A. tone B. mood C. stress D. rhyme
32p is a radioactive isotope with a half-life of 14.3 days. if you currently have 38.1 g of 32p, how much 32p was present 9.00 days ago?
Saturn orbits the Sun at a distance of 1.43 × 1012 m. The mass of the Sun is 1.99 × 1030 kg. Use to determine Saturn’s orbital period in Earth years. Is it: A