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

What did Virchow observe that led him to determine one of the main components of cell theory?
What is the product of 3x(x^2+4)
what is a song, story or poem about the significance of Aryan and other tribal migrations on the Indus Valley oh and can the song or poem have like 12 lines ple
Explain how looking at the magnetism of certain rocks helps support the idea that the continents have moved and changed over time.
20.57 is 42.5% of what number
your best friend has determined that her BMI is 31 she decided to start eating healthier to reduce her BMI identify a meal plan for a week that will help her lo
what kind of government did Patrick Henry fear would develop out of the new constitution?
How to find the inverse of h(x) = 3/ -x - 2 List steps.
How are hourly and salaried gross pay calculated?
In control theory, how many control systems are in place to work against our tendencies to deviate?