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Oscar Montez’s savings account has a principal of $7,201. It earns 6% interest compounded month. What is the amount in the account at the end of the second month?
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Jun 27, 2022
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Oscar Montez’s savings account has a principal of $7,201. It earns 6% interest compounded month. What is the amount in the account at the end of the second month?
Mathematics
college
Silvestr
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Kendrick dude. Ehebdhhdbehd. Eurbhdmdiebeb judged did fc
Angelo Chrysoulakis
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Jun 29, 2022
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Angelo Chrysoulakis
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Answer:
I= P+ I= 7201x6x2/100 = 84,252/100 = $842.52
Valsidalv
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Jul 2, 2022
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