Ask a New Question
Search
Suzan deposited $1,000 in a savings account at 3% compounded monthly. Find the number of months required if she wanted the amount in the account to become $1,498.54
1 answer
1000(1+.03/12)^x=1498.54
x = 162
Ask a New Question
or
answer this question
.
Similar Questions
RM X was deposited in a savings account at 4% interest compounded monthly. Forty months later, RM 4200 was withdrawn from the
1 answer
Jill deposited $2,500 in a savings account at a rate of 7.75%,
compounded monthly. How much was in her account after three
2 answers
2. Four years ago, Remy deposited RMX in a savings account that paid interest at 6.5% compounded
monthly. Today, another RM2,000
1 answer
Jill deposited $2,500 in a savings account at a rate of 7.75%,
compounded monthly. How much was in her account after three
1 answer
more similar questions