SOLUTION: If $7800 is invested at 5.2% interest compounded monthly, how much will the investment be worth in 11 years?

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Question 673716: If $7800 is invested at 5.2% interest compounded monthly, how much will the investment be worth in 11 years?
Answer by rfer(16322) About Me  (Show Source):
You can put this solution on YOUR website!
A=78000(1+0.052/12)^12*11
A=7800(1.00433)^132
A=7800*1.768844
A=$13796.98