aaronluna54 aaronluna54

07-09-2016
Mathematics

contestada

How much would $500 invested at 5% interest compounded monthly be worth after 4 years? Round your answer to the nearest cent. Do not include units in your answer.

Respuesta :

robert7248 robert7248

06-05-2019

Answer:

500*(1+0.05/12)^(4*12) = 610.45

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