susie9278 susie9278
  • 24-01-2024
  • Mathematics
contestada

A total of $120 is invested monthly with an annual compound interest rate of 6%, compounded monthly. Which of the following calculations explains how you can find the principal amount at the beginning of the second month?
o 120(1+0.06)+120
o 120· 2
o 120(1+0.005)²
o 120(1+0.005)/ 120

Respuesta :

Otras preguntas

are the whites' three wishes granted? do they get what they really want? explain
Yolanda has $38 in a bank account. she wants to make two equal deposit so that her account will have a balance of $100. how much money does Yolanda need to depo
A train that is 1 mile long starts through a tunnel that is also 1mile long . The train is traveling 15 miles per hour. How long does it take for the train to g
what is the width of a rectangle with a length of 14 cm and an area of 161 cm squared
Describe a real-world situation that could be modeled by dividing two rational numbers.
f(x) = 4x - 7 find the range value for a domain value of { -3 }
About 85% of people who live in Africa live __________.
the structure shown in the inset (right) show the level of organization called
What are some hobbies that Jane Addams took up?
How to round 3,068 to the nearest thousand