SOLUTION: JOE deposits $7250 at 3.5% interest monthly find the amount after 4 months?
Algebra.Com
Question 1132509: JOE deposits $7250 at 3.5% interest monthly find the amount after 4 months?
Answer by Alan3354(69443) (Show Source): You can put this solution on YOUR website!
JOE deposits $7250 at 3.5% interest monthly find the amount after 4 months?
----------
Not clear.
Does he make a deposit each month?
Or is 3.25% interest per month?
RELATED QUESTIONS
Billy deposits $4500 at 12% interest monthly find the amount in the account after 4... (answered by addingup)
Shelly deposits $9200 at 5% interest semiannually find the amount after 2 pay periods of... (answered by swillauer04,MathTherapy)
becky deposits $2100 at 8% interest quarterly find the amount in the account after 3... (answered by Alan3354)
Wanita deposits $8,320 at 1.25% interest quarterly find the amount after 1... (answered by MathLover1)
Mrs. Cook made deposits of $950 at the end of every 6 months for 15 years. If interest is (answered by ikleyn)
Mrs. Cook made deposits of $950 at the end of every 6 months for 15 years. If interest is (answered by ikleyn)
Joe deposits $1000 in an account that earns 5% annual interest compounded semiannually.... (answered by EMStelley)
Peter makes equal monthly deposits at the end of each month for the next four years to... (answered by Theo)
$100 is deposited monthly into an ordinary annuity that earns 1.8% per month compounded... (answered by Boreal)