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How much would $500 invested at 6% interest compounded monthly be worth after 4 years? Round your answer to the nearest cent. There is more in the picture. Take a look. A. $1021…

How much would $500 invested at 6% interest compounded monthly be worth after 4 years? Round your answer to the nearest cent. There is more in the picture. Take a look. A. $1021…
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5 votes
How much would $500 invested at 6% interest compounded monthly be

worth after 4 years? Round your answer to the nearest cent.


There is more in the picture. Take a look.


A. $1021.74
B. $635.24
C. $631.24
D. $510.08

How much would $500 invested at 6% interest compounded monthly be worth after 4 years-example-1
asked
User John Lemp
by
7.9k points

1 Answer

2 votes

Answer:

i think it is b

Explanation:

answered
User Pastor
by
8.4k points
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