nataliezavala004 nataliezavala004
  • 23-11-2020
  • Mathematics
contestada

Jesse deposited $3600 and a new regular savings account earns 6% interest compounded monthly. How much is in the account after one year?

Respuesta :

gracelynhill gracelynhill
  • 23-11-2020

Answer:

3816

Step-by-step explanation:

Answer Link
mayie07
mayie07 mayie07
  • 23-11-2020
3,600 deposit
6% interest per month
1 year = 12 months
3, 600 * .06 = 216 ( one month)
216 * 12 = 2,592
3,600 + 2592 = 6,192 (after one year)
Answer Link

Otras preguntas

help with please Hurricanes answer the questions.- What causes the natural event?- What are the short term impacts to theenvironment?- What are the long term im
Can you find a cuboid (with edges of whole number lengths) that has a surface area of exactly 100 square units?
what is the median of the following numbers 9,10,6,5,6
HELP ASAP WILL GIVE brainlist
HELPPP What is the surface area of the pyramid shown?
Explain the structure of DNA and function of DNA. this is a 2 part question i need help asap. please help.
Suppose that the height (in centimeters) of a candle is a linear function and the amount of time (in hours) it has been burning. After 9 hours of buring, a can
Factor: 0.25x^2-0.16y^4
Why did the Ionians lose the Ionian Revolt
pls help meeeee :D show ur work