Janae1208 Janae1208
  • 29-04-2020
  • Mathematics
contestada

compounded monthly P=\$2,000 , r=3\% , t = 5years

Respuesta :

gprinnie05 gprinnie05
  • 29-04-2020
2000(1+3%)^5
=$2318.548149

If u need the interest you gained then
2318.548149-2000
=$318.548149
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