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olga_2 [115]
2 years ago
5

Tom deposited $2,410 in a bank that pays 12% interest compounded monthly find the amount he will have at the end of three years​

Mathematics
1 answer:
BabaBlast [244]2 years ago
3 0

Answer: 3448.15

Step-by-step explanation:

The formula is

A=p ((1+(r/n))^(tn)

A future value ?

P present value 2410

R interest rate 0.12

N compounded monthly 12

T time 3 years

A=2,410×((1+(0.12÷12))^(3×12)

A=3448.15

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Please answer this question now
shusha [124]

Hi there! :)

Answer:

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3 years ago
An aquarium is leaking water at the rate of three quarts in 4 days.How many quarts are leaked in 1 week?How many days does it ta
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We can simply use unitary method or the ratio to find the answers of the questions asked in the statement.

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