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12 November, 07:39

If $1,000 is invested at an

interest rate of 10% per year,

compounded monthly, find

the amount of the investment

at the end of 4 years.

+5
Answers (1)
  1. 12 November, 08:37
    0
    probably 5 or so?

    Step-by-step explanation:

    I'm really not to sure myself but its around the 5-10s but if you're rounding at the nearest 430s it would be around the 20-30s or so if you ignore the order of operations just from just by doing mental maths I can conclude this with certainty.
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