Ask Question
12 May, 05:42

If $5000 is invested at 7.8% interest compounded monthly, how much would you have after 54 months?

+1
Answers (1)
  1. 12 May, 06:50
    0
    5000 x (1+0.078/12) ^54

    5000 x (1.0065) ^54

    $7094.37
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “If $5000 is invested at 7.8% interest compounded monthly, how much would you have after 54 months? ...” in 📘 Mathematics if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers