MariahC07 MariahC07

02-12-2017
Mathematics

contestada

Find the amount in an account if $3,500 is invested at 6.12% compounded monthly, for 4 1/2 years.

Respuesta :

jorel1380 jorel1380

03-12-2017

6.12% compounded monthly equals 0.0612/12, or 0.0051 added monthly. So, $3500 invested for 4-1/2 years is:
3500 x (1.0051)^(48+6)=1.3161x3500=$4606.48
☺☺☺☺

Answer Link

Otras preguntas

Which sentence correctly forms the plural of the letter c? A.How many c's are in accordion? B.How many cs'

What was the Islamic Golden Age?

Patrick ate 3/5 of a small pizza on Friday night. For lunch on Saturday , he ate 1/2 of the leftover pizza. How much pizza did he eat for lunch on Saturday?

Which type of twins are likely to interact with each other in the womb a. Non-identical b. Identical c. neither

Which physical feature has most limited the movement of people living in North America ?

A moving company is trying to store boxes in a storage room with a length of 5 m, width of 3 m and height of 2 m. How many boxes can fit in this space if each i

John Sells Hamburgers For $3 Each and cheeseburgers for $3.50 each. One afternoon, he sells a total of 24 burgers for $79. How Many hamburgers did he sell?

The novel Uncle Tom’s Cabin, which effectively the unfairness toward black people, was a major influence in the antislavery movement. (A) portrayed…strengthenin

Which sentence correctly forms the plural of the letter R? A. Three R's make up her initials.

What type of reaction occurs when you strike a match?