Nevaeh3098 Nevaeh3098
  • 30-11-2017
  • Mathematics
contestada

If $5000 is invested at 7.8% interest compounded monthly, how much would you have after 54 months?

Respuesta :

musiclover10045
musiclover10045 musiclover10045
  • 30-11-2017

5000 x (1+0.078/12)^54

5000 x (1.0065)^54

$7094.37

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