If $5,000 is invested at 3.2% interest compounded monthly, how much would you have in 40 months?

Azarro asked Nov 25, 2023

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Azarro asked Nov 25, 2023

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26 votes

Answer:

Use the given functions to set up and simplify 3.2 % . 5 = 0 = 3.2 % = 0.032 40 mo = 0.032

Explanation:

Nick Duddy answered Nov 30, 2023

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