jaquelinmendez153 jaquelinmendez153
  • 01-05-2020
  • Mathematics
contestada

You deposit $300 each month into an account earning 5% interest compounded monthly how much will you have in 20 years

Respuesta :

cathlin216 cathlin216
  • 01-05-2020

Answer:

The amount is $331.49 and the interest is $31.49.

P=$300 r=5% n=12 T=2years

Answer Link

Otras preguntas

Select the correct answer. Is the boxed POSSESSIVE NOUN used correctly? Do you know where the mens' room is? А. Yes B. No
What tool is also known as a "turner"
I really could use a hand here.
The science teacher asks the students many questions. One day she asks if you would rather discover and explore a new planet or create an amazing invention. Wh
i need help on this
1.) How did weather in the Sierra Nevada Mountains contribute to California's water crisis? 2.) is it fair to make farmers use less water? Why or why not?
is it possible for new organic life to be generated from nonliving matter on Earth today?
Many Italians liked fascism, although...
The diagram shows a cube of side length 2 cm. 2 cm 2 cm 2 cm Vera says, "The volume of any solid made with 6 of these cubes is 48 cm" Is Vera correct? (2 marks)
How can i solve -7(-8+10-5)