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

Albino alligators are examples of organisms born with a genetic condition resulting in a lack of pigment and a unique white color. what do you think would happe
Solve the equation using propertis of logarithms and exponents. 9^6x=3^2x+4
how many meters in 2.5 kilometers?????
Tom recently received ,2000 shares of restricted stock from his employer, independence corporation, whent he share price was $10 per share. tom's restricted sha
(_____) + (7 − 3i) + (5 + 9i) + 13i = 10 − 5i. whats the missing term?
The given line passes through the points (−4, −3) and (4, 1). What is the equation, in point-slope form, of the line that is perpendicular to the given line and
A dime is 1.25 mm thick. How many meters high would a stack of dimes worth $50 be?
A flea is able to pierce skin because its mouthparts come together to form a needlelike drinking tube. Based on this adaptation, what is a niche of a flea in a
Which practice was typical of Robert Frost?
This disease disables the bodys immune system until it is no longer capable of fighting infection. which disease is being described?