Register
Amy invests $75 a month in an annuity that earns 3% APR and is compounded monthly. What is the future value of Amy's account in 5 years?
135k views
3 votes
Amy invests $75 a month in an annuity that earns 3% APR and is

compounded monthly. What is the future value of Amy's account in 5 years?

User Kennebec
by
8.4k points

2 Answers

3 votes

Answer:4848.51

Explanation:

User Lizeth
by
8.0k points
3 votes

Answer: $4,848.51

Explanation:

A P E X

User Jomido
by
8.1k points
← Prev Question Next Question →

Related questions

User Animatedgif
asked Oct 1, 2022 131k views
$75 is shared between Amy and Mary in the ratio 2:3. Amy's share would be ?
Animatedgif asked Oct 1, 2022
by Animatedgif
7.6k points
1 answer
3 votes
131k views
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.5m questions

12.2m answers

Other Questions

How do you can you solve this problem 37 + y = 87; y =
What is .725 as a fraction
How do you estimate of 4 5/8 X 1/3
A bathtub is being filled with water. After 3 minutes 4/5 of the tub is full. Assuming the rate is constant, how much longer will it take to fill the tub?
i have a field 60m long and 110 wide going to be paved i ordered 660000000cm cubed of cement  how thick must the cement be to cover field
Link Copied!