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Mathematics

Answered

Ryan invested $5,900 in an account paying an interest rate of 5% compounded
monthly. Assuming no deposits or withdrawals are made, how much money, to the
nearest cent, would be in the account after 11 years?

Answer :

gabrielchouman9 gabrielchouman9

Today at 1:20 PM

Answer:

10214.51

Step-by-step explanation:

5900 * (1+ (0.05/12))^(12*11)

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Today at 1:20 PM

Answer:

10214.51

Step-by-step explanation:

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