An investment of 9,875 earns 4.8% interest compounded monthly over 12 years.

asked Dec 17, 2020 78.1k views

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5 votes

Answer:

The correct answer is C.

Explanation:

$7,672

4.1k points

3 votes

Answer:

The principal is $5557.54.

Step-by-step explanation: A=$9875 , r=4.8% , n=12 and t=12 years

Mrhallak answered Dec 23, 2020

4.3k points

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