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3 years ago

12

The APR of Percy’s savings account is 4.4%, and interest is compounded monthly. If the principal in Percy’s savings account were

$10,900for an entire year,what would be the balance of his account after all the interest is paid for the year?

1 answer:

lutik1710 [3]3 years ago

8 0

Answer:$11,389.39

Step-by-step explanation:

(Apex)

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satela [25.4K]

Answer:

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Step-by-step explanation:

Step 1: Turn 0.5 into a whole number.

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Step 2: Divide 12 by 5.

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Step 3: Multiply 2.4 by 1000

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