Register

You invest $2000 compounded monthly at 9%, how much money do you have in 10 years?

You invest $2000 compounded monthly at 9%, how much money do you have in 10 years?
122k views
9 votes
You invest $2000 compounded monthly at 9%, how much money do you have in 10 years?

User Stackinfostack
by
8.6k points

1 Answer

11 votes

Answer: The final balance is $4,734.73

User UncleKing
by
8.9k 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

How do you can you solve this problem 37 + y = 87; y =
What is .725 as a fraction
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!