SOLUTION: what is the amount after the investment of $300 invested at 12% compounded monthly after a period of 1 1/2 years?
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Question 1050070: what is the amount after the investment of $300 invested at 12% compounded monthly after a period of 1 1/2 years?
Answer by ewatrrr(24785) (Show Source): You can put this solution on YOUR website!
In General
A = Accumulated Amount
P= principal = $300
r= annual rate = .12
n= periods per year = 12
t= years =1.5
Use Your Caculator
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