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How much would $200 invested at 5% interest compounded monthly be worth after 9 years? Round your answer to the nearest cent. A(t) = P(1+(r/n))^(nt)

How much would $200 invested at 5% interest compounded monthly be worth after 9 years? Round your answer to the nearest cent. A(t) = P(1+(r/n))^(nt)
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2 votes
How much would $200 invested at 5% interest compounded monthly be

worth after 9 years? Round your answer to the nearest cent.

A(t) = P(1+(r/n))^(nt)

asked
User Oki Erie Rinaldi
by
8.3k points

1 Answer

4 votes

Answer:$313.37

Explanation:

math

answered
User Ruggiero Spearman
by
7.5k points
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