felimpotoymoni felimpotoymoni

02-09-2016
Mathematics

contestada

If $240 is invested at an interest rate of 9% per year and is compounded monthly, how much will the investment be worth in 14 years?

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papi666kurls papi666kurls

06-09-2016

i keep getting 64 dollars i hope it helps

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meerkat18 meerkat18

07-09-2016

If $240 is invested at an interest rate of 9% per year and is compounded monthly, the investment in 14 years will be 36, 288. Thank you for posting your question. I hope this answer helped you. Let me know if you need more help.

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