asimmuhammad2020 asimmuhammad2020

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Mathematics

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1) $50,000 is invested at a rate of 3% compounded monthly for 6 years.please answer as equation

Answer :

granol4 granol4

Today at 1:02 PM

Answer:

9,000

Step-by-step explanation:

formula= I=prt

turn 3% into a decimal

x=(50k)0.03(6)

x=9000

correct me if im wrong but this should be correct

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solve the easy question