itzBartsimpsontou itzBartsimpsontou

02-03-2021
Mathematics

contestada

$3000 is invested for a period of 3 years at a rate of 6% compound monthly. What will the balance in the account be at the end of 3 years?

Respuesta :

alexadanggirl alexadanggirl

02-03-2021

Answer:

Hence, the total amount of money that the investor would have after 6 years will be $ 536.04 .

Step-by-step explanation

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