MG115265 MG115265

25-05-2021
Mathematics

contestada

Help please (Interest) I will give Brainliest!! (20 points!)
Carl deposited $1220 in a bank that pays 9% interest, compounded monthly. Find the amount he will have at the end of 3 years.
a. $3431.45
b. $1596.55
c. $1549.40
d. $1334.44

Respuesta :

arsematsehaie2006 arsematsehaie2006

25-05-2021

Answer:

The correct answer is b. $1596.55

Hoped this helped!

Briniliest, pls?

P=1220

r=0.09

n=12 (12 months per year)

t=3 years

Answer Link

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