Homework Help: ALGEBRA

Posted by Urgen please help on Thursday, June 14, 2012 at 4:20pm.

Find the ending balance in an account that opens with $3,560, earns 3.5% interest compounded monthly, and is held for 15 years. (Round your answer to the nearest cent.)

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ALGEBRA - Steve, Thursday, June 14, 2012 at 5:43pm
come on. just plug in your formula to get

3560(1+.035/12)^(12*15) = 6013.44

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