1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
earnstyle [38]
3 years ago
15

How much would $300 invested at 4% interest compounded monthly be

Mathematics
1 answer:
artcher [175]3 years ago
7 0

Answer:$412.9

Explanation:

We are given that

P=$300

r=4% =0.04

Time,t=8 years

1 year=12 month

Therefore,n=12

We have to find the amount after 8 years.

Substitute the values in the above formula

Then, we get

Hence, amount after 8 years would be worth=$412.9

Step-by-step explanation:

You might be interested in
What is equivalent to 4.321 × 10−4 ?<br><br> What is equivalent to 4.321 × 10−4 ?
Arlecino [84]

Please write that as 4.321 × 10^(−4).  The " ^ " indicates exponentiation and the parentheses help make clear that your exponent here is a negative one.

Rewrite 4.321 × 10^(−4) by moving the decimal point 4 places to the left:

0.0004321

7 0
3 years ago
Which worker is paid less than the minimum hourly wage
abruzzese [7]

Answer:

?

Step-by-step explanation:

we need the options here?

3 0
3 years ago
Keith paid 8.44 each for 5 lizard toys and got 5 cages for 8.45 each with 5 20 bills . How much change did Keith recive
Olegator [25]

Answer:

19.51

Step-by-step explanation:

4 0
3 years ago
Read 2 more answers
Sheila can ride her bicycle 6000 meters in 15 minutes. How far can she ride in 2 minutes?
iren [92.7K]
<span>Sheila can ride her bicycle 6000 meters in 15 minutes. 
Forming that into a ratio, that will be 6000 : 15

Doing the proportion for 2  minutes.
6000 : 15 = X : 2

Doing the computation.
6000 / 15 = X / 2
15X = 2 * 6000
15X = 12000
X = 800

So Sheila covered a total of 800 meters in 2 minutes.</span>
7 0
3 years ago
What is the fraction for .50
Pavel [41]
The fraction for .50 is (1/2)
6 0
3 years ago
Read 2 more answers
Other questions:
  • How do you slice equations
    14·1 answer
  • Guess how many pieces of candy corn. It's a three digit odd number less than 200. It is divisible by 7. The number in the ones p
    8·1 answer
  • A toy company wants to sell 1600 toy airplanes this year. so far they have sold 600. what percent of the sales goal have they re
    9·1 answer
  • Find the numbers a, b and c if the polynomial x3−18x2+24xb−c is the cube of the binomial x+2a.
    11·1 answer
  • Order of operations 8 (4)(8)-14
    14·2 answers
  • It’s a picture^^^^^^^^
    10·1 answer
  • Find the unit rate: 340 birds seen in 5 hours
    11·2 answers
  • A triangle is shown on the right. What is the measure of the missing angle of the triangle? (Please leave a small explanation)
    9·1 answer
  • HELP! WILL MARK BRAINLIEST, PAST DUE!!!
    14·1 answer
  • Which video game do you guys(and girls) like more?
    13·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!