document.write( "Question 1157553: You invest $1500 at an interest rate of 8% per year. Find the amount after
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document.write( "3 years if interest is compounded monthly. \n" );
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Algebra.Com's Answer #780433 by Alan3354(69443)![]() ![]() You can put this solution on YOUR website! You invest $1500 at an interest rate of 8% per year. Find the amount after \n" ); document.write( "3 years if interest is compounded monthly. \n" ); document.write( "------------- \n" ); document.write( "8%/yr = (2/3)% per month \n" ); document.write( "3 years = 36 months \n" ); document.write( " \n" ); document.write( " |