Question

If $1,000 is invested at an

interest rate of 10% per year,
compounded monthly, find
the amount of the investment
at the end of 4 years.

Answer 1

probably 5 or so?

Explanation:

I'm really not to sure myself but its around the 5-10s but if you're rounding at the nearest 430s it would be around the 20-30s or so if you ignore the order of operations just from just by doing mental maths I can conclude this with certainty.