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

How does Odysseus plan on recouping what the suitors took from him?
What is chiaroscuro and when and by whom was it founded?what is it often
Help Level C Please!
These human activities have caused coastal and marine degradation. Select all that apply -home building -impact assessments -petroleum exports -rationing -tour
how does a women get pregnant???
How to solve I am lost
A race car maintains constant acceleration as its velocity increases from 40 m/s to 120 m/s over a 20 s interval.
Which statement accurately describes the relationship between cytokinesis and mitosis? Mitosis includes interphase and cytokinesis. Cytokinesis precedes mitosis
Plz answer and thank you
When did the slave trade finally come to an end in the Muslim world? A. 1750's B. The end of the 18th century C. By the beginning of the 20th century D. The