The formula for compound interest is A=P(1 + h)", where n is the
number
of times interest is...
![Mathematics](/tpl/images/cats/mat.png)
Mathematics, 11.05.2021 22:20, crystrow9p6qc7n
The formula for compound interest is A=P(1 + h)", where n is the
number
of times interest is compounded per year. Kai invests $5000 in
an account that pays annual interest at a rate of 4%, compounded
monthly
How much money will be in the account after 6 years?
![answer](/tpl/images/cats/otvet.png)
Answers: 2
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