andii1101
27.03.2020 •
Mathematics
FINANCE
Find the amount of compound interest (to the nearest cent) if $400 is invested for 3 months at 1% per month, compounded monthly
Please show full working out ty ;)
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Ответ:
12.12
Step-by-step explanation:
100%+1%=101%/100=1.01
400 x (1.01)^3=412.12
412.12-400=12.12
Ответ: