SOLUTION: invest 7000 in an account pay 3% compounded monthly how much in account after 11 months

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Question 398792: invest 7000 in an account pay 3% compounded monthly how much in account after 11 months
Answer by rfer(16322) About Me  (Show Source):
You can put this solution on YOUR website!
A=7000(1+0.03/12)^11
A=7000(1.0025)^11
A=7194.92