SOLUTION: You deposit $3000 in an account earning 7% interest compounded monthly. How much will you have in the account in 10 years? Round to the nearest cent. Use this compound interest for
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Question 1176652: You deposit $3000 in an account earning 7% interest compounded monthly. How much will you have in the account in 10 years? Round to the nearest cent. Use this compound interest formula:
A=P(1+rn)nt
Answer by ikleyn(52788) (Show Source): You can put this solution on YOUR website!
.
Having the formula, use your calculator.
Why the tutor should make you job ?
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