Logo
Home Study Material Contact Search
AI Chat FREE
  1. mathematics
  2. algebra
  3. if 400 are deposited into an account with 7 intere

If 400 are deposited into an account with 7 interest rate compounded monthly what is...

70.2K

Verified Solution

Question

Algebra

image

If 400 are deposited into an account with 7 interest rate compounded monthly what is the balance after 8 years F Round to the nearest cent

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Chemistry
1.2K views

a solution consists of 0.050 M Mg2+ and Cu2+. Which ion precipitates first when OH- is...

Economics
1.2K views

How is global economy reshaping in COVID-19? (Include numbers or graphs). How UAE economy is affected in COVID-19?...

Basic Math
1.2K views

For the following arithmetic sequence a find the specified term a and b find the...

Basic Math
1.2K views

Find x correct to 2 decimal places 185 55 17 X 42

Basic Math
1.2K views

Use Newton s Method to approximate the zero s of the function Continue the iterations...

Accounting
1.2K views

Cullumber Corporation made the following cash purchases of securities during 2020, which is the first...

Accounting
1.2K views

Which of the following losses would be covereo by a commerclal General Liability...

Accounting
1.2K views

QUESTION 3 Apokes Sdn Bhd (ASB) produces pipes used for the projects. Each...

Accounting
1.2K views

You have been asked to determine the shortest amount of time the project below can...

Accounting
1.2K views

Solve the Worksheet

Accounting
1.2K views

Technology Mart had the following revenue and expenses during the month ended July 31. Fees...

Accounting
1.2K views

Flynn Company issued 4,000 shares of $10 par value common stock at a market price...