Register

Find the total future amount for $500 invested at 2.79% for 7 years compounded monthly.

Find the total future amount for $500 invested at 2.79% for 7 years compounded monthly.
65.9k views
25 votes
Find the total future amount for $500 invested at 2.79% for 7 years compounded monthly.

User Peeyush Pathak
by
9.1k points

1 Answer

7 votes

Answer:

$607.84

Step-by-step explanation: I'm not very sure about this. I used a calculator to figure this out.

User Azarias
by
8.5k points
← Prev Question Next Question →

No related questions found

Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.4m questions

12.2m answers

Categories

Other Questions

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?
Link Copied!