$50,000 is invested at an interest rate of 7% over 3 years. If intrest is compounded monthly what is the payout at the end of 3 years?

Stpe asked Oct 9, 2022

311,766 views

11 votes

Stpe asked Oct 9, 2022

by Stpe

2.7k points

Your comment on this question:

Email me at this address if a comment is added after mine:Email me if a comment is added after mine

Privacy: Your email address will only be used for sending these notifications.

Email me at this address if my answer is selected or commented on:Email me if my answer is selected or commented on

Privacy: Your email address will only be used for sending these notifications.

25 votes

Answer:

THE ANSWER IS C,TRUST ME I DID THE EWUATION

Lakshya answered Oct 14, 2022

2.6k points

Email me at this address if a comment is added after mine:Email me if a comment is added after mine

Privacy: Your email address will only be used for sending these notifications.

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

1.6m questions

2.0m answers