3 years ago

How much would $500 invested at 6% interest compounded monthly be

1 answer:

6 0

The interest: $1080.00

If you borrowed the money, you would now owe $1580.00

If you loaned someone the money, you would now be due $1580.00.

Hopefully this helps!

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Step-by-step explanation:

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The insurance company can make $0.78 for each policy that it sells

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See the attached picture for the solution:

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