SOLUTION: How much would $200 invested at 4% interest compounded monthly be worth after 30 years?
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Question 624073
:
How much would $200 invested at 4% interest compounded monthly be worth after 30 years?
Answer by
rfer(16322)
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A=200(1+0.04/12)^12*30
A=200(1.0033333)^360
A=$662.70