Register

You have just invested 1,500 into a stock compounded yearly at a rate of 9%. How much money will be in your account in 60 days? (Please explain)

You have just invested 1,500 into a stock compounded yearly at a rate of 9%. How much money will be in your account in 60 days? (Please explain)
asked 132k views
11 votes
You have just invested 1,500 into a stock compounded yearly at a rate of 9%. How much money will be in your account in 60 days? (Please explain)

asked
User Vu Luu
by
8.6k points

1 Answer

7 votes

Answer:

1522.584

Explanation:

1500(1+.09/12)^2=1522.584

answered
User Gkapoor
by
8.1k 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!