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2 years ago

8

bcore: 9/ 120 5/17 answered Question 7 You deposit $4000 in an account earning 7% interest compounded monthly. How much will you

have in th account in 10 years? Submit Question

1 answer:

marusya05 [52]2 years ago

7 0

Answer:

8038.65

Step-by-step explanation:

$4000(1+\frac{.07}{12})^{12*10}=8038.65$

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6 + 0.8 + 0.04 + 0.007 is called extended form, six and eight hundred fourty-seven thousandths is called word form.

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