You deposit $6000 in an account earning 5% interest compounded monthly. How much will you have in the account in 15 years?

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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You deposit $6000 in an account earning 5% interest compounded monthly. How much will you have in the
account in 15 years?
Enter an integer or decimal number, accurate to at least 2 decimal places [more..]
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Transcribed Image Text:X Question 3 Score on last try: 0 of 1 pts. See Details for more. > Next question 3 Get a similar question You can retry this question below You deposit $6000 in an account earning 5% interest compounded monthly. How much will you have in the account in 15 years? Enter an integer or decimal number, accurate to at least 2 decimal places [more..] Question Help: Message instructor Submit Question
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MTH101 B01 - QUANTITATIVE LITERACY (Fall 2021 Credit Courses)
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Homework 1.3
Homework 1.3
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You deposit $6000 in an account earning 5% interest compóunded monthly. How much will you have in the
account in 15 years?
$ 8,540.57
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МacBook Air
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Transcribed Image Text:My Blackboard MTH101 B01 - QUANTITATIVE LITERACY (Fall 2021 Credit Courses) Homework Homework 1.3 Homework 1.3 Score: 0/19 2/8 answered X Question 3 > Score on last try: 0 of 1 pts. See Details for more. > Next question 2 Get a similar question You can retry this question below You deposit $6000 in an account earning 5% interest compóunded monthly. How much will you have in the account in 15 years? $ 8,540.57 Question Help: Message instructor Submit Question МacBook Air 000 D00 F6 F5 F4 esc F2 F3 F1 %24 并
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