If $5000 is invested at an interest rate of 3.396 compounded monthly for 10 years, what would be the balance in the account
if it is left untouched. Round your answer to the nearest cent.
A. $6.917.88
B. $6,951.69
C. $5,139.21
D. $246,041.63
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “If $5000 is invested at an interest rate of 3.396 compounded monthly for 10 years, what would be the balance in the account if it is left ...” 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
You Might be Interested in
If a family goes to see a movie they leave at 5:30 the movie is 96 minutes. When will they come back?
Answers (2)
The debate between William McKinley and William Jennings Bryan in the election of 1896 centered around
Answers (1)
What is the solution to the system of equations below? y = negative 3 x + 5 and y = 4 x minus 2 (1, 2) (1, - 18) (-1, 8) (-1, - 6)
Answers (1)
If x+6=11 which statement is false
Answers (2)
Write a riddle for the number 62
Answers (1)
New Questions in Mathematics
A sequence starting with 2.5 is shown below. 2.5, 5.0, 7.5, 10.0 ... n which function represents the nth term of this sequence? f (n) = n/2.5 f (n) = n+2.5 f (n) = n-2.5 f (n) = 2.5n
Answers (1)
Use the conditional statement to answer the question. If an angle is a right angle, then the angle measures 90°. Are the statement and its contrapositive true? A. Both the statement and its contrapositive are true. B.
Answers (2)
Simplify: (-14 (-67 (28)
Answers (2)
Which strategy would not correctly solve this story problem? Ella babysits her baby brother for 30 minutes on Monday, for 45 minutes on Thursday, and for 35 minutes on Friday. Ella will continue this schedule for 6 weeks.
Answers (1)
What is the gcf of 50 and 44
Answers (1)