SOLUTION: Ayden invested $32,000 in an account paying an interest rate of 3.6% compounded monthly. Assuming no deposits or withdrawals are made, how much money, to the nearest cent, would be
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Question 1153925: Ayden invested $32,000 in an account paying an interest rate of 3.6% compounded monthly. Assuming no deposits or withdrawals are made, how much money, to the nearest cent, would be in the account after 6 years? Found 2 solutions by VFBundy, MathTherapy:Answer by VFBundy(438) (Show Source):
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Ayden invested $32,000 in an account paying an interest rate of 3.6% compounded monthly. Assuming no deposits or withdrawals are made, how much money, to the nearest cent, would be in the account after 6 years?