Nathn6b4lalica Nathn6b4lalica
  • 13-03-2017
  • Mathematics
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How much would $500 invested at 5% interest compounded monthly bw worth after 4 years? round your answer to the nearest cent

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robert7248
robert7248 robert7248
  • 06-05-2019

Answer:

500*(1+0.05/12)^(4*12) = 610.45

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