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Kobotan [32]
3 years ago
13

$3,200 deposit earning 4.5% compounded​ monthly, after 3 years.

Mathematics
1 answer:
ivanzaharov [21]3 years ago
5 0

Answer:

A = $3661.59

I = 461.593

Step-by-step explanation:

1. Use the CI formula. (Reference in file.)

2. Solve equation after plugging the given information we have.

3. We will have the Amount after solving the equation.

4.  To find interest we use formula A=P+I


Source - TutorEye


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