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Find the balance in the account. $2,100 principal earning 4%, compounded monthly, after 4 years

Find the balance in the account. $2,100 principal earning 4%, compounded monthly, after 4 years
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1 vote
Find the balance in the account. $2,100 principal earning 4%, compounded monthly, after 4 years

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User Maud
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8.3k points

1 Answer

6 votes
Multiply 2,100 by 4 and divide by 4
answered
User Prijatelj
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8.1k points
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