micey micey
  • 02-05-2017
  • Mathematics
contestada

John deposited $2860 in a bank that pays 9% interest, compounded monthly. Find the amount he will have at the end of 3 years.

Respuesta :

kailah02
kailah02 kailah02
  • 02-05-2017
all you got to do first is:

Change the 9% to decimal, which is .9
and then multiply all numbers
 
$2860 x .9 x3 is $7,722

Hope this helps! (Hope im right)
Answer Link

Otras preguntas

What's 5 divided by x squared explain
Forget the motor When im on the boat Think of the best time To buy a new coat What am I......?
What is 25% of $500.00? I think the answer is $475.00 Can someone verify if twenty five percent of 500.00 is $475.00
What were the contributions of the Harappan civilization?
What is the creepiest sounding scale? What scale would u use for writing creepy music in other words
Thelma spent 1/6 of her weekly allowance on dog toys.  1/4 on a dog collar and 1/3 on dog food.  What fraction of her weekly allowance is left
Forget the motor When im on the boat Think of the best time To buy a new coat What am I......?
Does an owl have a backbone?
What is the creepiest sounding scale? What scale would u use for writing creepy music in other words
What were the contributions of the Harappan civilization?