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3 years ago

5

Milan deposited 4000 into an account with 5.4% interest, compounded monthly. Assuming that no withdrawals are made, how much wil

l he have in the account after 3 years. Round to nearest cent

1 answer:

Zinaida [17]3 years ago

3 0

(36) = to the power of

4000 x 1.054(36) = £26, 565.74

Hope this helped :)

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Step-by-step explanation:

Given

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If he travels directly, the distance (d) is:

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