angeltx
angeltx angeltx
  • 24-03-2017
  • Mathematics
contestada

Use the given information to find amount A in the account earning compound interest after six years when the principal is 3,500 . R= 2.29%, compounded monthly

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Aliwohaish12
Aliwohaish12 Aliwohaish12
  • 25-03-2017
A=p(1+i/m)^mn
A=3,500×(1+0.0229÷12)^(12×6)
A=4,014.98
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