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How much would $100 invested at 6% interest compounded monthly be worth after 20 years ? Round your answer to the nearest cent

How much would $100 invested at 6% interest compounded monthly be worth after 20 years ? Round your answer to the nearest cent
asked 189k views
5 votes
How much would $100 invested at 6% interest compounded monthly be worth after 20 years ? Round your answer to the nearest cent

asked
User Michael Zeuner
by
8.2k points

1 Answer

4 votes

Answer:

$331.02

Explanation:

answered
User Eugene Beliaev
by
8.4k points
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