Register

Parents put $ 1000 into a savings account at the birth of their daughter. When their daughter is 18 years old, the money in the account is $2936.77. What is the interest rate co…

Parents put $ 1000 into a savings account at the birth of their daughter. When their daughter is 18 years old, the money in the account is $2936.77. What is the interest rate co…
149k views
7 votes
Parents put $ 1000 into a savings account at the birth of their daughter. When their daughter is 18 years old, the money in the account is $2936.77. What is the interest rate compounded monthly?​

User Juanmajmjr
by
7.8k points

2 Answers

11 votes
$4008.00 ㅋㅋㅋㅋㅋㅋㅋㅋㅋㅋㅋ
User Flau
by
8.9k points
8 votes

Answer:

408.611%

Step-by-step explanation:

User Elmer
by
8.8k points
← Prev Question Next Question →

Related questions

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

9.4m questions

12.2m answers

Categories

Other Questions

Who was Adam Smith ? Anybody?
What can turn igneous rock into sediment?
In what way did the GI Bill contribute to the growth of professional and white-collar jobs ? A.by providing US laborers with new job-training programs B.by giving US veterans assistance to purchase a new
Link Copied!