SOLUTION: An Investment earns 3% compounded monthly. Find the future value of an intial investment of 5,000 after 6 years. round two decimals.
would this be the answer?
$5984.74 I use
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-> SOLUTION: An Investment earns 3% compounded monthly. Find the future value of an intial investment of 5,000 after 6 years. round two decimals.
would this be the answer?
$5984.74 I use
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Question 1184160: An Investment earns 3% compounded monthly. Find the future value of an intial investment of 5,000 after 6 years. round two decimals.
would this be the answer?
$5984.74 I used this formula A=p(1+r/n)^nt
