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Gala2k [10]
4 years ago
12

You deposit $4000 in an account earning 6% interest compounded monthly. How much will you have in the account in 15 years? If ne

cessary, round your answer to the nearest cent
Mathematics
1 answer:
dezoksy [38]4 years ago
4 0

Answer:

$9816.37

Step-by-step explanation:

A=p(1+r/n)^nr

a=  4000(1+0.06/12)^(12*15)= 9816.374.

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