Ask a New Question

Question

Assume an investment of $7000 earns an APR (Annual Percentage Rate) of 6% compounded monthly for 18 months.

The money in your account after 18 months will be $______.
11 years ago

Answers

Caleb Acker
7524.7
6 years ago

Related Questions

Luz Has 7000 boxes and on each one it has 500 lollipops in each one. How Many Are In All The Boxes. Assume a $4000 investment and the following cash flows for two alternatives. Under the payback metho... Assume the initial investment was $6600 and the annual interest rate to be compounded continuously... How would you complete 7000 hundred thousandths=? hundredths Assume a $4,000 investment and the following cash flows for two alternatives. Year Investment X... if 7000 is placed in an account with 6 percent intrest compounded annually how many years does it ta... if you want to have $7000 in 10 years, how much money must you put in a savings account today? Assu... Assume an investment of $100 earns an APR (Annual Percentage Rate) of 5% compounded annually. Th... Shaahikala needs Rs.7000 after 15 weeks to send her daughter to school. She saved Rs.150 in the 1st... If Joe invested $7000 at x% and $13,000 at 3% more, find x if the income from both investments is $1...
Ask a New Question
Archives Contact Us Privacy Policy Terms of Use