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Lorico [155]
4 years ago
9

The value is $400 invested at 4% interest compounded monthly for 10 years.

Mathematics
1 answer:
svetoff [14.1K]4 years ago
8 0
The equation for interest is 
'Initial amount (interest rate in decimal form) ^ times compounded EX: years'

your equation would be
400(1.04)^10

which equals 592.097713 (not rounded)
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Answer:

Range: [-2, 2] {y | -2 ≤ y ≤ 2}

Step-by-step explanation:

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Read more on Brainly.com - brainly.com/question/4419238#readmore

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