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23-05-2022
Mathematics

contestada

Bob invests $500 into an account with 4.5%
interest compounded monthly. How much money
will be in the account in 9 months?
A. $522.97
B. $517.13
C. $743.05
D. $674.56
For my brother

Respuesta :

23-05-2022

100 + 4.5 = 104.5

/100 = 1.045

500 x 1.045^9

= $ 743.05

So C

Answer Link

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