destmondinty destmondinty
  • 20-11-2016
  • Mathematics
contestada

A=p(1+ r/n)nt

After 4 years what is the total amount of a compound interest investment of $20,000 at 2% interest , compounded monthly ?


$25,409.78

$21,648.64

$23,514.81

$21 ,664.30

Respuesta :

polina1234567890 polina1234567890
  • 20-11-2016
$21 ,664.30 
Hope this helps!
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