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Catherine put $5500 into a savings account that earns 4% compound interest monthly. After six months, how much money will she have total?
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Jun 8, 2022
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Catherine put $5500 into a savings account that earns 4% compound
interest monthly. After six months, how much money will she have total?
Mathematics
high-school
Anudeep GI
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6,820$ because you just find 4% of 5,500, then multiple that amount by the amount of months , and just add your initial amount plus that amount and there is your answer
Marko Topolnik
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Jun 12, 2022
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