What principle will amount to $2500 if invested at 7% compounded monthly for 12 years?

asked Sep 11, 2020 95.4k views

1 vote

8.1k points

Please log in or register to add a comment.

5 votes

Answer:

Explanation:

Starting Principal of $1,082.00 at 7% compounded monthly gives you $2,500.20

Amir Keibi answered Sep 16, 2020

8.3k points

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.5m questions

12.2m answers