samiamsam samiamsam

02-07-2018
Mathematics

contestada

How much was $500 invested at 6% interest compounded monthly be worth after four years

Respuesta :

wolf1728 wolf1728

02-07-2018

Total = 500 * (1 + .06/12) ^ 12 * 4
Total = 500 * (1.005) ^ 48

Total = 500 * 1.2704891611
Total =635.24

Ver imagen wolf1728

Answer Link

02-07-2018

632.5 I think is how much

Answer Link

Otras preguntas

in need to know the answer of 12z+18 in distributive property

y = 2x + 4 2x - y = 6 Solve the system of equations using substitution.

who is the current US President

which tempertaure scale has the highest value for the boiling point of water

Who was the founder of Black Hand Society ?

How can a liquid be drawn into a pipette safely? by squeezing a bulb attached to the wide end of the pipette by gently sucking the wide end of the pipette unti

took the soul out of his poetry. At a neighborhood fair in Texas, somewhere between the German Oom-pah Sausage! booth, I overheard a young man say to his friend

Write the sentence as an equation. The product of r and 338 plus 97 is the same as r.

HELP!!! (x+3)²+8=72 (quadratic equation) Please explain why this equation has 2 solutions and solve for both. I really appreciate it!

Brandon Ramirez wants to set up a scholarship at his alma mater. He is willing to invest $320,000 in an account earning 11 percent. What will be the annual scho