Suppose you invested $1500 in an ac count that paid an annual of 3% compound monthly. how much would you have after 1 year?

1545.62

Step-by-step explanation:

The calculation of compound interests uses this formula:

Where  A = total amount, P = principal or amount of money deposited, r = annual interest rate, n = number of times compounded per year  and t = time in years.

So, if we plug-in the numbers of the problem we have:

Which gives us:

For a grand total of 1,545.62 including capital and interests.

i think that you should ask google for the answer to that problem because if we don't know it google does

a orange at the grocery store idk what other product that could be