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g100num [7]
3 years ago
13

$3000 is invested for a period of 3 years at a rate of 6% compound monthly. What will the balance in the account be at the end o

f 3 years?
Mathematics
1 answer:
Vedmedyk [2.9K]3 years ago
8 0

Answer:

Hence, the total amount of money that the investor would have after 6 years will be $ 536.04 .

Step-by-step explanation

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From there, you can plot each point by going up two and to the left one.

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You can also plot the other side of the graph by going up two and to the right one.

These points can be found using the slope, which is the number attached to x (2).

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In a right triangle the length of a hypotenuse is c and the length of one leg is a, and the length of the other leg is b, what i
swat32
Apply the Pythagoras Theorem

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It would be: 420 + (420 * 17.5%)
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In short, Your Answer would be <span>£493.5

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