Mathematics, 17.11.2020 18:30 mcalepcrager

the compound interest formula a=p(1+r/n)^nt where p is the initial amount invested, r is the interest as a decimal, n is the number of times compound annually, the the number of years. Determine the value of the account if the initial investment is $8,000 compounded monthly at a rate of 6% after 10 years.

the compound interest formula a=p(1+r/n)^nt where p is the initial amount invested, r is the intere

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