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Please help! 4-Find the balance. $4000 deposited earning 6% compounded monthly for 5 years. * A)$5395.40 B)$6899.15 C)$100.53 D)$420,00
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Please help!

4-Find the balance. $4000 deposited earning 6% compounded monthly
for 5 years. *
A)$5395.40
B)$6899.15
C)$100.53
D)$420,00

User Jugurtha
by
7.7k points

1 Answer

6 votes
the answer is a. $5,395.40
Please help! 4-Find the balance. $4000 deposited earning 6% compounded monthly for-example-1
User Mory
by
8.2k points
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