mari1444 mari1444
  • 25-03-2021
  • Mathematics
contestada

How much money will be in your bank account after 3 years if you deposit $12,000 and earn 2% interest compounded monthly?

Respuesta :

brookmendes
brookmendes brookmendes
  • 25-03-2021

Answer:

$12,741.4

Step-by-step explanation:

If there are no additional deposits, the final balance is $12,741.4, and the the total compound interest is $741.4.

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