victoriawhaley23 victoriawhaley23

22-10-2019
Mathematics

contestada

A principal of $2000 is accumulated with 7.5% interest compounded monthly for
4 years.

Respuesta :

iifeless iifeless

22-10-2019

STEP BY STEP
2000 x .075 = 150
150 x 12 = 1800
1800 x 4 = 7200

4 = years
.075 = 7.5% interest
12 = 12 months in a year

ANSWER
7200$ in interest

Answer Link

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