yaneri101 yaneri101

22-03-2020
Mathematics

contestada

You deposit $5000 into savings account the accrues interest at a rate of 3.75% compound monthly. What will be your balance in 25 years?

Respuesta :

patelman242 patelman242

22-03-2020

Answer:

9687.5 LET ME KNOW IF I GOT IT CORRECT

Step-by-step explanation:

5000*.0375*25=4687.5

4687.5+5000=9687.5

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