jessica8289 jessica8289
  • 09-05-2022
  • Mathematics
contestada

a
You deposit $3000 into a bank account that pays 1.25% annual interest,
compounded monthly. How much interest does the account earn after 4 years?

Respuesta :

favourogbonna favourogbonna
  • 09-05-2022

1.25 percent of 3000=37.5

37.5 times 4=150

3000-150=2850

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