Question 8 of 9, Step 1 of 1 4/9 Correct In Carol invested $30,800 at 19% to be compounded monthly. What will be the value of Carol's investment in 2 years? Round your answer to the nearest cent. Nom Assume 365 days in a year and 30 days in a month.

Intermediate Algebra
19th Edition
ISBN:9780998625720
Author:Lynn Marecek
Publisher:Lynn Marecek
Chapter12: Sequences, Series And Binomial Theorem
Section12.3: Geometric Sequences And Series
Problem 12.58TI: What is the total effect on the economy of a government tax rebate of $500 to each household in...
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G Carol invested $3 X
X
D2L Hawkes SSO (Sinc X
Lesson 4.8 Practic X y google - Yahoo S X
Σ Compound Interex
G percent to de ima X
Σ Percent to Decim x
learn.hawkeslearning.com/Portal/Lesson/lesson_practice#!
- Save & Exit Practice Lesson: 4.8 Simple and Compound Interest
MARTIKA GROSS
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Question 8 of 9, Step 1 of 1
4/9
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Carol invested $30,800 at 19 % to be compounded monthly. What will be the value of Carol's investment in 2 years? Round your answer to the nearest cent. Note:
Assume 365 days in a year and 30 days in a month.
Keypa-
Answer
How to enter your answer (opens in new window)
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I
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Transcribed Image Text:G Carol invested $3 X X D2L Hawkes SSO (Sinc X Lesson 4.8 Practic X y google - Yahoo S X Σ Compound Interex G percent to de ima X Σ Percent to Decim x learn.hawkeslearning.com/Portal/Lesson/lesson_practice#! - Save & Exit Practice Lesson: 4.8 Simple and Compound Interest MARTIKA GROSS 3 Question 8 of 9, Step 1 of 1 4/9 Correct Incorrec Carol invested $30,800 at 19 % to be compounded monthly. What will be the value of Carol's investment in 2 years? Round your answer to the nearest cent. Note: Assume 365 days in a year and 30 days in a month. Keypa- Answer How to enter your answer (opens in new window) Keyboard Shortc I Submit Answ Tutor Skip + Try Similar
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