SOLUTION: Chris deposited $3000 in a savings account which pays 2.4% interest compounded monthly . how much money will Chris have at the end of 5 years

Algebra.Com
Question 1140949: Chris deposited $3000 in a savings account which pays 2.4% interest compounded monthly . how much money will Chris have at the end of 5 years
Answer by josmiceli(19441)   (Show Source): You can put this solution on YOUR website!





------------------





$3,382.09

RELATED QUESTIONS

TUAN DEPOSITED $1,500 IN A SAVINGS ACCOUNT THAT PAYS AN ANNUAL RATE OF 7%INTEREST... (answered by solver91311)
A person deposited $500 in a savings account that pays 5% annual interest that is... (answered by Fombitz)
A person deposited $500 in a savings account that pays 5% annual interest that is... (answered by mananth)
A per deposited $500.00 in a savings account that pays 5% annual interest that is... (answered by rfer)
. A person deposited $500 in a savings account that pays 5% annual interest that is... (answered by )
A person deposited $500.00 in a savings account that pays 5% annual interest that is... (answered by rfer)
i need help solving this problem. A person deposited $500 in a savings account that pays (answered by stanbon)
A person deposited $500 in a savings account that pays 5% annual interest that is... (answered by rfer)
A person deposited $500 in a savings account that pays 5% annual interest that is... (answered by checkley79)