Register
1. Willy has compounded monthly to invest his summer earnings of $4259 in the Rock Solid Bank. The bank is offering 6%. Willy plans to use the money to go to college in 5 years. How much will he have in
76.3k views
2 votes
1. Willy has compounded monthly to invest

his summer earnings of $4259 in the Rock
Solid Bank. The bank is offering 6%. Willy
plans to use the money to go to college in 5
years. How much will he have in 5 years? *
O
$4366.55
O
$5237.00
O
$5744.75

User Pocketfullofcheese
by
5.1k points

1 Answer

4 votes
$5744.75 that he will pay
User Kishore V M
by
4.7k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

5.4m questions

7.0m answers

Other Questions

Pizza planet is running a special 3 pizzas for 16.50. What is the unit rate for one pizza
If the 9-inch wheel of cheese costs $18.60, what is the cost per square inch? If the cost is less than a dollar, put a zero to the left of the decimal point?
how long Will it take for $7000 investment to grow to $7553 and the annual rate of 3.4% compounded quarterly assume that no withdrawals are made
I need to simplify this expression.
Need answer to math problem!!!​
Link Copied!