shaniyahc214 shaniyahc214

14-12-2020
Mathematics

contestada

If you deposit $7500 into an account paying 7% annual interest compounded monthly, how
much money will be in the account after 9 years?

Respuesta :

lilygrabczak lilygrabczak

14-12-2020

The answer is 56,700

If you take 7500 and divide it by 100 than multiply by 7 you get 525 and multiply 525 by 12 you get 6,300 than 6,300 multiplied by those 9 years you get 56,700

Answer Link

Otras preguntas

PLEASE HELPPP Which of the following is true of DNA? There are six nitrogenous bases involved. Cytosine can pair with guanine and adenine. There are four nitrog

Which part of the federal government is most involved in the amendment process

A scientist puts mRNA nucleotide chains that contain only Uracil (U) in a test tube. That test tube allows protein synthesis to be initiated. After a short time

The valence electrons of a germanium atom in the ground state are located in

What happened to american defense spending under president reagan?

Global warming _____. is not a problem for people who don't live in the Arctic causes the sea to rise, which can contaminate freshwater sources only affects gla

how can i find the angle of HEI

PLEASE HELP!!!!!!!!!!!!!!!!!!!!!! A strong group supporting justice for Leschi developed after he was found guilty in the second trail. What evidence did they o

PLZ HELP ON FINAL QUESTION HELP 20 POINTS What were Jim Crow laws intended to do?

Carly spends 9 hours each day at her job what percentage of her day does she spend at work