How much would $500 invested at 5% interested compounded monthly be worth after 6 years?

In 6 years $500 @ 5% comp. monthly will be worth=$674.51

The formula you use to calculate this is: FV=PV(1 + R)^N, where FV=Future value, PV=Present value, R=Interest rate per period, N=Number of periods.

If you deposit $500 into an account paying 5% annual interest compounded monthly , how much money will be in the account after 6 years?

Result

The amount is $674.53 and the interest is $174.53

step-by-step explanation:

(sin 42)/31. = sinx)/37

sinx = 37 (sin42)/31

= 37× 0.66/31 = 0.787

x= 51.9

other angle opposite to y = 180-51.9-42

= 180- 93.9 =86.1

so

sin42)/31 = sin 86.1)/y

0.021 = 0.997 /y

y= 0.997/0.021 =47.47