luckyalita
26.11.2019 •
Mathematics
Carl deposited $1220 in a bank that pays 9% interest, compounded monthly. find the amount he will have at the end of 3 years.
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Ответ:
A=future amount
P=present amount
r=rate of interst in decimal
n=number of times per year compounded
t=time in years
we have
A=?=A
P=1220
r=0.09
n=12 (12 months per year)
t=3 years
A=
A=
A=
A=1596.55
answer is $1596.55
Ответ: