popoloa0822 popoloa0822
  • 22-06-2021
  • Mathematics
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bcore: 9/ 120 5/17 answered Question 7 You deposit $4000 in an account earning 7% interest compounded monthly. How much will you have in th account in 10 years? Submit Question​

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madethisfortwitch1
madethisfortwitch1 madethisfortwitch1
  • 03-07-2021

Answer:

8038.65

Step-by-step explanation:

[tex]4000(1+\frac{.07}{12})^{12*10}=8038.65[/tex]

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