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

Which of these is a simple event?
How many solutions are there to the following system of equations?
Jody manages the sales team for a sports equipment manufacturer. sales have been slipping downward at an alarming rate. she called a department meeting and set
What is the chance of rolling a 4 with a single die two times in a row?
How did the Roman Empire expand over time?
Surrealism is generally recognized as the first film genre true or false
Do you think Donald Trump should be our rightful president? If not why? Who do you think was our best president?
PLLEASSSEEEEE ANYONEEEEEEEEEEE HELPPPPPPPPP
30 points!!!!! What does the term old master mean? young men skilled artist old carpenter retired physician
In recent years, Albania has ____. A. Refused aid from foreign nations. B. Rebuilt links with other nations. C. Declared war on several of its neighbors. D. Bec