Carlos invested $70,000.00 for 5 years at 8.50% compounded monthly. Calculate the future value of his investment at the end of the term. Round to the nearest cent
Carlos invested $70,000.00 for 5 years at 8.50% compounded monthly. Calculate the future value of his investment at the end of the term. Round to the nearest cent
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter7: Exponents And Exponential Functions
Section: Chapter Questions
Problem 69SGR
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