Asked by sharon q.
What is the future value of $5000 earning 6% interest, compounded monthly, for 5 years?
Answers
Answered by
Reiny
what is
5000(1 + .06/12)^60 ?
5000(1 + .06/12)^60 ?
There are no AI answers yet. The ability to request AI answers is coming soon!
Submit Your Answer
We prioritize human answers over AI answers.
If you are human, and you can answer this question, please submit your answer.