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Suppose that $5,800 is invested at 4.6% annual interest rate, compounded monthly. How much money will be in the account in (A) 6 months? (B) 4 years?

Suppose that $5,800 is invested at 4.6% annual interest rate, compounded monthly. How much money will be in the account in (A) 6 months? (B) 4 years?
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Suppose that $5,800 is invested at 4.6% annual interest rate, compounded monthly. How much money will be in the account in (A) 6 months? (B) 4 years?

asked
User Nalin Nishant
by
8.5k points

1 Answer

3 votes

Answer:

Explanation:

5800 divided by 100=58x4.6=126 something like that

answered
User Sbarzowski
by
7.3k points
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