Mathematics, 15.03.2020 20:34 silverns

Fred wants to invest the $1000 he received for his birthday. He finds an investment opportunity that will earn him 10% compounded monthly. How much money will Fred have after 3 years?

A
$1,002.46

B
$3,597.54

C
$1,348.18

D
$1,919.03

Answers: 1

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More questions: Mathematics Another questions

Fred wants to invest the $1000 he received for his birthday. He finds an investment opportunity that will earn him 10% compounded monthly. How much money will Fred have after 3 years? A $1,002.46 B $3,597.54 C $1,348.18 D $1,919.03

Answers

Another question on Mathematics

Fred wants to invest the $1000 he received for his birthday. He finds an investment opportunity that will earn him 10% compounded monthly. How much money will Fred have after 3 years?

A
$1,002.46

B
$3,597.54

C
$1,348.18

D
$1,919.03