document.write( "Question 761463: Find the future value $3091.77 invested for 3 years at 4% compounded monthly \n" ); document.write( "
Algebra.Com's Answer #463248 by Cromlix(4381)![]() ![]() You can put this solution on YOUR website! 100 + 4% = 104% = 1.04. \n" ); document.write( "3 years = 36 months \n" ); document.write( "$3091.77 * 1.04^36 \n" ); document.write( "= $12688.42. \n" ); document.write( "Hope this helps. \n" ); document.write( ":-) \n" ); document.write( " |