jaydensandoval54 jaydensandoval54
  • 18-02-2021
  • Mathematics
contestada

A bank pays 3.4% annual interest,
compounded monthly. If $1550 is invested
for 11 years, what will be the ending value
of the account?

Respuesta :

MsMia
MsMia MsMia
  • 18-02-2021

Answer:

$2,251.79.

total compound should be is $701.79.

Step-by-step explanation:

Answer Link

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