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Jeff invests $1000 in an account that pays 4.25% interest compounded monthly. How much will Jeff have in his account at the end of 4 years? $1184.95 $1014.24 $5315.29 $1181.15
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Jeff invests $1000 in an account that pays 4.25% interest compounded monthly. How much will Jeff have in his account at the end of 4 years?

$1184.95
$1014.24
$5315.29
$1181.15

User Mareka
by
5.3k points

1 Answer

6 votes

Answer:

1181.15

Explanation:

User Sireini
by
5.1k points
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