157k views
1 vote
An amount P at 6% for 5 years compounded monthly increased to $15000.00. What is P? (Round answer to cents)

1 Answer

5 votes

Answer:

$20,232.75

Explanation:

I hope it helped

User Vguerrero
by
6.9k points
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.