evaaahernandez28 evaaahernandez28

21-04-2019
Mathematics

contestada

Suppose that you invest $400 in a bank account that has APR of 6% and it is compounded monthly (12 times a year)

How much money will you have in your account after 1 year?

What is the amount of interest earned in 1 year?

Respuesta :

katie6121 katie6121

21-04-2019

The answer would be $804.88

Answer Link

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