LoganKalo LoganKalo
  • 02-05-2020
  • Mathematics
contestada

Suppose you deposit P dollars into an account that pays 3% annual interest
compounded monthly. Write an expression that would give you your balance after 37
months?

Respuesta :

joshleemelendez
joshleemelendez joshleemelendez
  • 02-05-2020
Balance after 37 months= Px(1+0.03)^37
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