felimpotoymoni
felimpotoymoni felimpotoymoni
  • 02-09-2016
  • Mathematics
contestada

If $240 is invested at an interest rate of 9% per year and is compounded monthly, how much will the investment be worth in 14 years?

Respuesta :

papi666kurls
papi666kurls papi666kurls
  • 06-09-2016
i keep getting 64 dollars i hope it helps
Answer Link
meerkat18
meerkat18 meerkat18
  • 07-09-2016
If $240 is invested at an interest rate of 9% per year and is compounded monthly, the investment in 14 years will be 36, 288. Thank you for posting your question. I hope this answer helped you. Let me know if you need more help.
Answer Link

Otras preguntas

The bases of a circular cylinder are two ____ circles.
what is the definition of listening style
Blocks numbered 0 through 9 are placed in a box, and a block is randomly picked. The probability of picking an odd prime number is... A. 3/10 B. 1/5 C. 1/3 D
A response to a touch on the palm of the hand observable in newborns is known as __________.
For someone staring a small business a business plan is
what does 48 -29 = in regrouping
What's 29.4983 rounded to the nearest cent
how much does 1 1/4 pounds of turkey that cost $2.85 per pound cost
Macy wants to buy a skateboard for $42. She has $95 in her account. She spent $12.99 to buy stationary. She also wants to buy some ice cream bars for $3.07 each
How accurate was the cartoon in predicting the progress in the war?