cherylesco47 cherylesco47

02-03-2020
Mathematics

contestada

Milan deposited 4000 into an account with 5.4% interest, compounded monthly. Assuming that no withdrawals are made, how much will he have in the account after 3 years. Round to nearest cent

Respuesta :

AlanyaJ AlanyaJ

02-03-2020

(36) = to the power of

4000 x 1.054(36) = £26, 565.74

Hope this helped :)

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