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3 years ago

11

mei invests $4667 in a savings account with a fixed annual interest rate of 5% compounded 6 times per year. what will the accoun

t balance be after 8 years?

1 answer:

jek_recluse [69]3 years ago

5 0

$6950.82, if you follow the formula P(1+r/t)^(n/t)

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Are these ratios equivalent?

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4 years ago

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Step-by-step explanation:

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3 years ago

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Step-by-step explanation:

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