tatayury123 tatayury123
  • 03-04-2017
  • Mathematics
contestada

how much money will you have in 3 years if you invest $1000 at 3% compounded monthly?

Respuesta :

Aliwohaish12
Aliwohaish12 Aliwohaish12
  • 03-04-2017
A=p(1+i/m)^mn
A=1,000×(1+0.03÷12)^(12×3)
A=1,094.05
Answer Link

Otras preguntas

The wind smells slow-and-sour means what?
Is 200 cm equal 2000 m
Which is a true statement about federal judges? They are appointed by the Senate. They serve five-year terms. They are approved by the Supreme Court. They serve
Under a parliamentary government, who has the most power in government? a. President c. House of Commons b. Queen d. Prime Minister
Convert the following to scientific notation: 0.000665. a. 6.65 × 10-4 b. 6.65 × 104 c. 6.65 × 105 d. 6.65 × 10-5
Subtract 4 from 1/6 of 42
When a country that is weak is shielded by a stronger, the weaker is a. viceroyalty, colony, commonwealth, protectorate
What is 70% of 700 on a test
what is an example of an event that caused long-term historical events
What European nation controlled Indonesia for centuries. a. England b. Spain c. Netherlands d. United States