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 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
mh101 mh101
  • 02-07-2018
632.5 I think is how much
Answer Link

Otras preguntas

The distributive property of multiplication justifies which of the following statements? A 4(y – z) = 4(y) + 4(-z) B 3(s) + 3(t) = 9(st) C 8 + (-8)
Boyle's Law relates which of the following gas properties? temperature and density pressure and temperature pressure and volume
What kind of writing do you find more convincing, a traditional persuasive essay (such as the kind you’ve written for compositions) or an autobiographical incid
How can “dummies,” or what we call pacifiers, impact a baby’s language skills?
Hiep's yard is in the shape of a trapezoid. The lengths of the parallel sides of the trapezoid are 15 ft and 21 ft. The height of the trapezoid is 8 ft. What
who was responsible for Ukrainian great famine
I'm kinda confused on number 1
When the temperature of the air is 25 degress C, the velocity of a sound wave traveling through the air is approximately
A colon must follow __________.an introductory phrasea subordinate clausean independent clausea long quotation
what is really the difference between explain, discuss and describe in a question???