If $5000 is invested at 7.8% interest compounded monthly, how much would you have after 54 months?
1 answer:
You might be interested in
I cant really show you how to graph this but i can try to explain it. you would make a 4 quadrant graph and do rise over run.
1)start by making the graph
2) on the line of the graph marked Y is where you would put -4
3) From -4, you would go up (rise) by 2 and go over to the right 1 where you end is the slop
1)start by making the graph
2) on the line of the graph marked Y is where you would put -4
3) From -4, you would go up (rise) by 2 and go over to the right 1 where you end is the slop
I hope this helps you
