Question

What is the future value of $4000 earning 18% interest, compounded monthly, for 6 years? (Round your answer to two decimal places.)

Answer 1

Step-by-step explanation:

p=4000

r=18

t=6

s.i=prt/100

s.i=400×18×6/100

s.i=4×18×6

s.i=432$

____________________________

s.i+p=amount=432+4000=amount

amount=4432$

____________________________

round off 2 places=44_3_2

=4430$

Answer 2

Answer:

im not gonna do your taxes

Step-by-step explanation: