amazingamy amazingamy

14-02-2018
Mathematics

contestada

Find the balance in the account after the given period.

$6,900 deposit earning 3.9% compounded monthly, after 1 year.

Respuesta :

manandhanteja manandhanteja

16-02-2018

FW = PW(1+i)^N
= $6900(1+0.039)^1

solve for FW
(sorry don't have a calculator on me rn)

Answer Link

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