Register
Which of the following is the balance for a single $2,635 deposit in an account with an APR of 2.79% that compounds interest monthly and is invested for 37 years?
81.7k views
17 votes
Which of the following is the balance for a single $2,635 deposit in an account with an APR of 2.79% that compounds interest monthly and is invested for 37 years?

User Hare Kumar
by
3.5k points

1 Answer

0 votes
I believe the answer is $83,190,062.78
User XCeptable
by
3.0k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

3.4m questions

4.3m answers

Other Questions

A study was completed in Florida. In southern Florida, the study involved 3,000 patients; 54% of them experienced flulike symptoms during the same month. The study had a margin of error of 1.8%. What does
Can someone help me plz I have to Turn 27/9 in simplest
The sanchez family goes out for dinner, and the price of the meals is $60. The sales tax on the Meals is 7 percent, and they also want to leave a 15 percent tip. What is the total cost of the meal? Analyze
Simplify: 10 ÷ [(5 + 2) − 5]
A survey of 539 adults aged 18-24 year olds was conducted in which they were asked what they did last Friday night. It found: 189 watched TV 163 hung out with friends 29 watched TV and ate pizza, but did
Link Copied!