Register
If $4,000 is invested at 6% compounded monthly, what is the amount after 7 years?
85.9k views
4 votes
If $4,000 is invested at 6% compounded monthly, what is the amount after 7 years?

User Sam Clewlow
by
4.0k points

2 Answers

3 votes
It would be $6081 in total after 7 years
User Sotn
by
3.5k points
1 vote
$6081 would be the total.
User Shikhar Bansal
by
3.2k 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

4.4m 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
Solve for x in the equation 3 x squared minus 18 x + 5 = 47. (I need this to be an answer like X=3+\_ square root 23)
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]
Link Copied!