Wednesday

August 27, 2014

August 27, 2014

Posted by **Amanda** on Tuesday, November 27, 2012 at 12:24am.

P = $24,000, r = 7%, t = 6, compounded monthly

$ ?

- math -
**Steve**, Tuesday, November 27, 2012 at 4:15amA = 24000(1+.07/12)^(12*6) = 36482.53

**Related Questions**

math - Find the accumulated amount A if the principal P = $3,000 is invested at ...

math - Find the accumulated amount A, if the principal P is invested at an ...

Math - Your Aunt will give your $1,ooo if you invest it for 10 years in an ...

algebra - A total of $12,000 is invested in two funds paying 9% and 11% simple ...

Math - A retired couple needs $12,000 per year in income to supplement their ...

precalc - A is accumulated amount investing after p principal for t years at and...

Compound interest - Hello My teacher skipped over this and I have no clue how to...

Math - Betsy, a recent retiree, requires $6,000 per year in extra income. She ...

Math - If 3000 dollars is invested in a bank account at an interest rate of 6 ...

math - 1.John deposited $40,000.oo in the bank and earned simple interest of 7% ...