Register

What principle will amount to $6000 if invested at 5.5% compounded monthly for 10 years?

What principle will amount to $6000 if invested at 5.5% compounded monthly for 10 years?
asked 187k views
1 vote
What principle will amount to $6000 if invested at 5.5% compounded monthly for 10 years?

asked
User MidnightLightning
by
8.2k points

1 Answer

5 votes

Answer:In 10 years, you will have $10,386.46

Explanation:

answered
User Sachingupta
by
8.4k 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

How do you can you solve this problem 37 + y = 87; y =
What is .725 as a fraction
How do you estimate of 4 5/8 X 1/3
Link Copied!