menu
QAmmunity.org
Login
Register
My account
Edit my Profile
Private messages
My favorites
Register
Ask a Question
Questions
Unanswered
Tags
Categories
Ask a Question
Assume that an investment of $9000 earns an APR of 6% compounded monthly for 18 months. How much money is in your account after 18 months?
asked
Aug 28, 2021
60.9k
views
0
votes
Assume that an investment of $9000 earns an APR of 6% compounded monthly for 18 months. How much money is in your account after 18 months?
Mathematics
college
Tim Schwalbe
asked
by
Tim Schwalbe
7.1k
points
answer
comment
share this
share
0 Comments
Please
log in
or
register
to add a comment.
Please
log in
or
register
to answer this question.
1
Answer
6
votes
The final balance is $9,845.36.
The total compound interest is $845.36.
If this is wrong, I do apologize.
Ramy Nasr
answered
Sep 3, 2021
by
Ramy Nasr
7.6k
points
ask related question
comment
share this
0 Comments
Please
log in
or
register
to add a comment.
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.
7.7m
questions
10.4m
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
Twitter
WhatsApp
Facebook
Reddit
LinkedIn
Email
Link Copied!
Copy
Search QAmmunity.org