ZeldaZada ZeldaZada
  • 25-09-2017
  • Mathematics
contestada

Find the balance in the account.

$700 principal earning 5%, compounded monthly, after 9 years

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Blakeg17
Blakeg17 Blakeg17
  • 25-09-2017
Your answer is 1,096.79 
$700
9 years
5% yearly 
12 times a year
= 1,096.76 
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