meadowsbianca19
meadowsbianca19 meadowsbianca19
  • 19-04-2021
  • Mathematics
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QUICK
Your bank offers 6 percent annual interest, compounded monthly. If you start with $500 in your account, how much will you have after 3 months?

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carmelizedapple0091 carmelizedapple0091
  • 19-04-2021

Answer:$590

Step-by-step explanation:

500*6%=30

30*3=90

500+90=590

Answer Link

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