Applying the formula A = P(1+r/n)^(nt) you have
575.75(1 + 0.12/12)^(12*5) = _____
Suppose that $575.75 is invested in a savings account with an APR of 12%
compounded monthly. What is the future value of the account in 5 years?
Type your answer in the box below. Round your answer to 2 decimal places.
Having homework problems can’t seem to figure out this question could someone help me out please!!!
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