Mathematics, 22.03.2020 09:06 eastonstelter

Suppose $1000 is invested at a rate of 13% per year compounded monthly. (Round your answers to the nearest cent.)
(a) Find the principal after 1 month.
$

(b) Find the principal after 6 months.
$

(c) Find the principal after 1 year.
$

(d) Find the principal after 20 years.
$

Answers: 3

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