Ruben puts 300.00 into an account to use for school expenses. The account earns 9% interest, compounded monthly. How much will be in the account after 6 years?

解

解

Amount : 513.77

解答ステップ

Translate the problem into an equation:

A = 300 (1 + \frac{0.09}{12})^{12 \cdot 6}

300 (1 + \frac{0.09}{12})^{12 \cdot 6} = 513.76581 \dots

最も近い

h u n d re d t h

に四捨五入:

513.77

Amount : 513.77

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