Mathematics, 02.02.2020 09:42 browndalton55

How much would $200 invested at 4% interest compounded monthly be worth after 8 years? round your answer to the nearest cent.
a(t)=p(1+r/2)^nt
a. $205.40
b. $273.71
c. $322.83
d. $275.28

Answers: 1

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How much would $200 invested at 4% interest compounded monthly be worth after 8 years? round your answer to the nearest cent. a(t)=p(1+r/2)^nt a. $205.40 b. $273.71 c. $322.83 d. $275.28

Answers

Another question on Mathematics

How much would $200 invested at 4% interest compounded monthly be worth after 8 years? round your answer to the nearest cent.
a(t)=p(1+r/2)^nt
a. $205.40
b. $273.71
c. $322.83
d. $275.28