Mathematics, 20.04.2021 22:40 raiindrxp
You put $5000 in a savings account which earns compound interest at a rate of 0.5% per month. If you don't make any deposits or withdrawals, how much will you have in your accouns in 30 years (360 months)? Round your answer to the nearest whole cent.
A. $5807.00
B. $21,609.71
C. $30,112.88
D. $22,324.85
Answers: 2
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You put $5000 in a savings account which earns compound interest at a rate of 0.5% per month. If you...
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