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

This mountain range is found in South America and was home to the Incan Empire.
Which number is irrational? A. 75 B. 5√ C. 7.356 D. -3
What two organic molecules make up the cell membrane?
Just as classes can be offered online, tutoring can be offered online as well.
what is straight is part of a line and has 2 endpoints
Charlotte withdraws $8,000 from her checkable bank deposit to pay tuition this semester. assume that the reserve requirement is 20% and that banks do not hold e
Compared to the amount of hereditary information in a human body cell, how much hereditary information is contained in a human sex cell
vous manger au restaurant on a la maison select correct form of the verb (preferer)
Some scientists theorize that climate changes can be caused by _____. 1. an increase in Earth’s interior heat 2. variations in the color of light coming from th
which factor helped cause the defeat of napoleon during his invasion of russia