You put $1500 into an account that earns 4% interest. How much will be in the account after 6 years if the account is compounded monthly?

Question

You put $1500 into an account that earns 4% interest. How much will be in the account after 6 years if the account is compounded monthly?

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Trung Dũng 5 years 2021-08-20T20:16:30+00:00 1 Answers 9 views 0

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  1. Jezebel
    0
    2021-08-20T20:17:58+00:00
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    Answer:

    hence ,

    answer is R.s 360

    Step-by-step explanation:

    I=PTR/100

    =1500×6×4/100

    =360

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