jaylaladson123 jaylaladson123

08-06-2021
Mathematics

contestada

Phineas puts $600 into a certificate of deposit that earns 3.09%. If the money is
compounded monthly, how much will it be worth in 4 years?

Respuesta :

prisha617 prisha617

08-06-2021

Answer: $678.83

Step-by-step explanation:

A = P(1 + r/n)nt

A = 600.00(1 + 0.0309/12)(12)(4)

A = 600.00(1 + 0.002575)(48)

A = $678.83

Answer Link

Otras preguntas

how do you write the cos 18° in terms of the sine.

what is :A university has raised $8,000 for a new scholarship fund. A university trustee offers to match the donation up to 60% if the university can raise $1,5

what are fossil fuels? why should we use them wisely?

A farmer is putting up a fence for her animals. She orginally had the fence enclosing a square was 18ft by 18ft. Suppose she uses the same amount of fencing to

2 + 2 + 6 / 9 ^2 + 600 + 2400 + 45 - 42

the radius of the dial of the worlds longestclock is 7.7find the area of the dial

what is :A university has raised $8,000 for a new scholarship fund. A university trustee offers to match the donation up to 60% if the university can raise $1,5

What is the precent of 2 is 8?

A welder needs apiece of half-inch pipe18 3/4 in. Long. she has a piece the is 28 1/8 in. Long. how much must she cut off from the longer piece?

what are the three particles of an atom