HELP QUICK PLEASE I BEG Grace invested $14985 in an account paying an interest rate of 9% compounded monthly. Assuming no deposits or withdrawals are made, how much money, to the nearest cent, would be

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Rodrigo Fonseca asked Apr 19, 2022

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HELP QUICK PLEASE I BEG Grace invested $14985 in an account paying an interest rate of 9% compounded

monthly. Assuming no deposits or withdrawals are made, how much money, to the
nearest cent, would be in the account after 3 years? (Do not use commas in your
answer)
PLEASE HELP QUICK

Mathematics
high-school

Rodrigo Fonseca asked Apr 19, 2022

by Rodrigo Fonseca

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10 votes

19030.95
i think
take the og number times the percent then that times three and add it to the original number (sorry if that’s not right that’s just how i would do it)

John Gagnon answered Apr 26, 2022

by John Gagnon

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