SOLUTION: You deposit $5000 in an account earning 4% interest compounded monthly. How much will you have in the account in 5 years?

SOLUTION: You deposit $5000 in an account earning 4% interest compounded monthly. How much will you have in the account in 5 years?

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Question 1160554: You deposit $5000 in an account earning 4% interest compounded monthly. How much will you have in the account in 5 years?
Answer by solver91311(24713) (Show Source): You can put this solution on YOUR website!

You can do your own arithmetic.

John

My calculator said it, I believe it, that settles it

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