Nathan deposits $8,000 into an account that earns 6% interest compounded monthly. How much will he have in the account after 10
years?
1 answer:
Answer:
Answer:4800
Step-by-step explanation:
![8000 \times 6 \times 10 \div 100 \\ 800 \times 6 \times 1 = \\ 4800](https://tex.z-dn.net/?f=8000%20%5Ctimes%206%20%5Ctimes%2010%20%5Cdiv%20100%20%5C%5C%20800%20%5Ctimes%206%20%5Ctimes%201%20%3D%20%20%5C%5C%204800)
that is my answer
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