jaquelinmendez153 jaquelinmendez153
  • 01-05-2020
  • Mathematics
contestada

You deposit $300 each month into an account earning 5% interest compounded monthly how much will you have in 20 years

Respuesta :

cathlin216 cathlin216
  • 01-05-2020

Answer:

The amount is $331.49 and the interest is $31.49.

P=$300 r=5% n=12 T=2years

Answer Link

Otras preguntas

List examples for the word benefit
w is greater than or equal to 17
what happened between 1804 and 1815
choose the triangle with x equal to 17.
A man does 500 J of work pushing a car a distance of 2 m. How much force does he apply? Assume there is no friction. A. 250 N B. 1000 N C. 125 N D. 500 N
What could explain what happened when the time was equal to 120 minutes
Regular price is $77.00 and the discount is 5% find the sale price
what led to the creation of suburbs in the early 1900s
a person travels 35 km in 0.4hrs, followed by 53 km in 0.6 hr. what is the average speed
what did Thomas Jefferson suggest the Congress should do in response to the Native American