terrorcooper12ozq8rf terrorcooper12ozq8rf
  • 13-01-2021
  • Mathematics
contestada

Oscar Montez’s savings account has a principal of $7,201. It earns 6% interest compounded month. What is the amount in the account at the end of the second month?

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jazzyhumes242 jazzyhumes242
  • 13-01-2021

Answer:

I= P+ I= 7201x6x2/100 = 84,252/100 = $842.52

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bmichegel
bmichegel bmichegel
  • 14-01-2021
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