You deposit $4000 in an account earning 6% interest compounded monthly. How much will you have in the account in 15 years? $_______________________________
You deposit $4000 in an account earning 6% interest compounded monthly. How much will you have in the account in 15 years? $_______________________________
College Algebra
7th Edition
ISBN:9781305115545
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:James Stewart, Lothar Redlin, Saleem Watson
Chapter4: Exponential And Logarithmic Functions
Section4.1: Exponential Functions
Problem 4E
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You deposit $4000 in an account earning 6% interest compounded monthly. How much will you have in the account in 15 years?
$_______________________________
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