codrules51004
codrules51004 codrules51004
  • 05-03-2021
  • Mathematics
contestada

You deposit $1500 in an account that pays 3% annual interest. Find the balance after 1 year if the interest is compounded monthly.

Respuesta :

jamier123 jamier123
  • 06-03-2021

Answer:

I believe the balance would be $1,545.00

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