karliehall2000 karliehall2000
  • 13-06-2018
  • Mathematics
contestada

Assume you invest $3,000 in an account that pays 7% compounded monthly. How much money will be in the account after 6 years?

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naomi50338 naomi50338
  • 13-06-2018
After 6 years the account will have 15,120 in interest so the total amount the account will have is 18,120.
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