evaaahernandez28 evaaahernandez28

24-04-2019
Mathematics

contestada

Suppose that you invest $250 every month in an account that has 3.6% APR. The account is compounded every month.

How much money will you have after 2 years?

Respuesta :

24-04-2019

Answer: $268.63

Step-by-step explanation:

A = P(1 + R/100n)^nt

P (principal) = 250

R = 3.6 (%)

n = 12 (months in a year)

t = 2 (years)

A = 250 x (1.003)^24

= $268.63

Answer Link

Otras preguntas

The circle with radius r units is divided into congruent sectors to create the shape shown below. For estimation purposes, the shape formed by the sectors is co

Help last 3 questions thanks so much!

need help Last weekend, Raul's basketball team played in a tournament. Raul scored of the team's points. His friend 5 Jake scored 20% of the team's points. Wha

a watch company is developing packaging for its new watch. The designer uses octagons with a base of 30 in. squared and rectangles with a length of 10 in. to cr

pls help giving brainless. no link!!!!.

Explain how subscripts are used when counting atoms in a compound

Which shows a set of data that could be represented by the box plot shown.

Choose the word or phrase that best completes each sentence. Christianity spread to the American colonies as Europeans established . Entire colonies were esta

which type of blood vessel normally contains valves to keep the blood flowing in One Directiona) arteries b) veinsc) capillaries

I have been stuck on this question for a while(NO SPAMMING IT IS ANNOYING)The formula used to find the area of a circle is πr² (π=pi). What is the area of a cir