mmmememmds mmmememmds
  • 11-03-2022
  • Mathematics
contestada

Jose invested $5,100 in an account paying an interest rate of 8 % compounded
quarterly. Michael invested $5,100 in an account paying an interest rate of 83%
compounded monthly. To the nearest dollar, how much money would Michael have
in his account when Jose's money has doubled in value?

Respuesta :

itzury2000lopez
itzury2000lopez itzury2000lopez
  • 11-03-2022

Answer:

I think he will have 6,56$

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