ariananicole2569 ariananicole2569

04-01-2022
Mathematics

contestada

A $5,000 investment earns interest at the annual rate of 8.4% compounded monthly.
What is the investment worth after one year?

Respuesta :

harvi82 harvi82

04-01-2022

Step-by-step explanation:

8.4%/100% x 5000 = interest

(5000 x 12) + (interest x 12)

= investment worth

Answer Link

Otras preguntas

Liz wants to drink 1.5 litres of water each day. She buys the water in packs of 6 bottles. Each bottle contains 0.5 litres of water. How many packs of water do

What's the other word generous in overlooking insult or injury by others; rising above pettiness

What is the highest mountain on each continent?

What's the other word a weak or lifeless feeling

What is the highest mountain on each continent?

Which expression is equivalent to 27/125

What's the word for looking down on others; proud and scornful

round to the nearest hundredth 5.6192

What is the highest mountain on each continent?

Which expression is equivalent to 27/125