borisuarez12 borisuarez12
  • 18-05-2021
  • Mathematics
contestada

You invested $680 at 2.7% compounded monthly. How much money do you have after
8 years? Estimate your answer to two places after the decimal, if necessary.

Respuesta :

clarch19
clarch19 clarch19
  • 18-05-2021

Answer:

$843.74

Step-by-step explanation:

A = P (1 + r/n)^nt

A = 680(1 + 0.027/12)^12·8

A = 680( 1.00225)^96

A = 843.74

Answer Link

Otras preguntas

omg this is the last one dankuch and many others that helped me thank you im gratefull
7,000 is 10 times as much as
which of the following statements about sexual attaration and intimacy in the work place is true?1.romance between a worker and a supervisor must allways be out
If a hallway measuring 90 feet by 7 feet requires 1/2 a fluid ounce of cleaning solution per square foot, how much cleaning solution is needed to clean the hall
omg this is the last one dankuch and many others that helped me thank you im gratefull
10 times as many as 100
what conditions allow dead organisms to change into fossils
Each side of an equilateral triangle measures 9cm. Find the height, h, of the triangle.
How do you find the average rate of change in calculus?
The quotient of a number y and 22?