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Kay [80]
3 years ago
6

katelyn invested $2325 in a savings account which earns 3.45% interest compounded monthly. What will the account be worth in 7 y

ears?
Mathematics
1 answer:
Airida [17]3 years ago
8 0
$2959

Use the compound interest formula. 
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Answer:

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Step-by-step explanation:

convert the fractions so that the LCF is the denominator

1/5---->6/30

5/6----->25/30

5 6/30+8 25/30

13 31/30

14 1/30

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