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

Find C to the nearest tenth if c = 48, a = 34, and measure A = 41
Can someone help me with this ? Thanks
If a 7500 N box is lifted by a forklift 8 meters , how much work was done?
1. A rectangular prism has a width of 4 cm, a height of 8 cm and a depth of 7 cm. What is the surface area of the prism?
What is the value of x in the equation -2/5x-2=18? -50 -49 -8 -6
Do homologous structures always have the same function in different organisms?
Do you think Victor should feel ashamed or proud of his actions? Explain your point of view.​
(easy math question please help) find the value of x question #7
Given the matrix equation AX + B = C
Help giving brainlest.