You deposit $4000 in an account earning 6% interest compounded monthly. How much will you have in the account in 5 years?

Whadar asked Apr 2, 2023

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10 votes

You deposit $4000 in an account earning 6% interest compounded monthly. How much will you

have in the account in 5 years?

Whadar asked Apr 2, 2023

2.9k points

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6 votes

Answer: $5,395.40

Explanation:

Maykeye answered Apr 8, 2023

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