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

represent the number 1.16 using base ten blocks
what is the largest prime factor of 34
A bottle of fruit juice is 800 milliliters. How many liters of fruit juice are in 120 bottles?
Which best describes a likely result for the circulatory system if the heart is weakened? A. Oxygenated blood would not be pumped to the body's cells via the v
how is aluminium foil able to reduce heat loss through the walls of a house
1.How would you describe a person that wants to help his family ? 2. How would you describe a person that is hopeful?
Simplify. 26 + (–3) ∙ (–8) A. –184 B. –2 C. 2 D. 50
Choose the word that describes a person who is smart but in a sneaky way. A. Sharp. B. Cunning. C. Intelligent. D. Skillful.
Which best describes a likely result for the circulatory system if the heart is weakened? A. Oxygenated blood would not be pumped to the body's cells via the v
why did many aristocrats support legalism