Register

How much would $300 invested at 4% interest compounded monthly be worth after eight years

How much would $300 invested at 4% interest compounded monthly be worth after eight years
asked 193k views
5 votes
How much would $300 invested at 4% interest compounded monthly be worth after eight years

asked
User MenorcanOrange
by
8.0k points

1 Answer

5 votes

300x.04= 12

12x12= 144

144x8=1152

answered
User Mahesh Jamdade
by
8.3k points
← Prev Question Next Question →

No related questions found

Ask a Question
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.

Categories

Other Questions

What is .725 as a fraction
A bathtub is being filled with water. After 3 minutes 4/5 of the tub is full. Assuming the rate is constant, how much longer will it take to fill the tub?
i have a field 60m long and 110 wide going to be paved i ordered 660000000cm cubed of cement  how thick must the cement be to cover field
Link Copied!