luisc2134 luisc2134
  • 04-05-2021
  • Mathematics
contestada

$5,000 is invested at a rate of 7% compounded monthly. Determine the final balance after 5 years.

Respuesta :

rayleencoria rayleencoria
  • 04-05-2021

Answer:11,256

Step-by-step explanation:

Answer Link

Otras preguntas

How does a lobbyist impact the law making process? They volunteer to do research and office duties in the office of the Representative. They gather information
Which of the following is a shared characteristics of photophosphorylation and oxidative phosphorylation? A. both utilize a proton gradient established by an e
How many phonemes are there in the word ""dogs""? A. Four B. Three C. Two D. One.
Select the correct answer. The graph represents the number of hours that Walter sleeps in terms of the number of days.
Given a battery rated at 350 ampere-hours how many hours will the battery be able to provide 7 amperes
QUESTION 6 The student newspaper at a college asks a simple random sample of 250 undergraduates, "Do you favor eliminating supplemental fees for lab courses?" I
1.ORIGINAL TEXT: “Life is imitating art in Thailand, where muzzled opponents of the coup leaders who suspended democracy six months ago have embraced the three-
What is the solution for the equation 4(3x−1)=−3(2x−6)+1
Complete the following equations (note that the equations are not balanced). Use the activity series if necessary. Li > K> Ba > Sr> Ca > Na >
What are the goals of psychology? a) to explore the conscious and unconscious functions of the human mind b) to understand, compare, and analyze human behav