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3. We have $10,000 to invest for 45 months. How much money will we have if we put the money into an account that has an annual interest rate of 5.5% and interest is compounded..…

3. We have $10,000 to invest for 45 months. How much money will we have if we put the money into an account that has an annual interest rate of 5.5% and interest is compounded..…
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3.

We have $10,000 to invest for 45 months. How much money will we have if we put
the money into an account that has an annual interest rate of 5.5% and interest is
compounded...
a. monthly
b. quarterly
c.continuously
(find all)

User Bentael
by
7.7k points

1 Answer

11 votes
The answer is a I think that is correct
User Galina
by
8.5k points
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