ariananicole2569
ariananicole2569 ariananicole2569
  • 04-01-2022
  • Mathematics
contestada

A $5,000 investment earns interest at the annual rate of 8.4% compounded monthly.
What is the investment worth after one year?

Respuesta :

harvi82
harvi82 harvi82
  • 04-01-2022

Step-by-step explanation:

8.4%/100% x 5000 = interest

(5000 x 12) + (interest x 12)

= investment worth

Answer Link

Otras preguntas

consider the conjecture "if the sum of the digits of a number is divisible by 9, then the number itself is divisible by 9." is the conjecture true?
which of the following is an example of a material whose atoms strongly hold on to electrons
How much greater is the perimeter of a square with area 250
the __________ of romeo and juliet is resolved through __________, therefore making the play a tragedy. a. conflict, wedding b. tension, death c. corrupted soci
Read the descriptions of two experiments below. Experiment 1: A student did a test to see if the hardness of the soil affects the growth of sunflowers. She used
Is the square root of 25 rational or irrational
victims of a panic attack can have symptoms that mimic a(n) a. epileptic seizure. b. depression. c. migraine headache. d. heart attack.
which of the following cities has experienced more upward growth than urban sprawl? a. los angeles, california b. bangkok, thailand c. tokyo, japan d. jakarta,
Evaluate 32 + (7 − 2) ⋅ 4 − 6 over 3.
the is located in the lower anterior floor of the mouth