Mathematics, 13.12.2019 09:31 KayJahnae04
How much would $500 invested at 5% interest compounded monthly be worth after 4 years? round your answer to the nearest cent.
a(t)=p(1+r/n)nt
a.$508.39
b.$610.45
c.$907.68
d.$607.75
Answers: 2
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