brockandersin brockandersin

30-01-2019
Mathematics

contestada

$3,200 deposit earning 4.5% compounded monthly, after 3 years.

Respuesta :

jerrygrouve jerrygrouve

30-01-2019

Answer:

A = $3661.59

I = 461.593

Step-by-step explanation:

1. Use the CI formula. (Reference in file.)

2. Solve equation after plugging the given information we have.

3. We will have the Amount after solving the equation.

4. To find interest we use formula A=P+I

Source - TutorEye

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