aidahamideh
aidahamideh aidahamideh
  • 23-11-2020
  • Mathematics
contestada

James and Terry open a savings account that has a 2.75% annual interest rate, compounded monthly. They deposit
$50,000 into the account. How much will be in the account after 20 years?
a. $48,407.45
b. $90,600.15
c.$86,608.14
d.$80,894.18

Respuesta :

ephraimolanrewaju05
ephraimolanrewaju05 ephraimolanrewaju05
  • 24-11-2020

Answer:

a. $48,407.45

b. $90,600.15

c.$86,608.14

d.$80,894.18

Answer Link

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