Posted by **Maria** on Monday, April 15, 2013 at 11:22am.

Suppose that you invest $6384 in an account that earns interest at an APR of 4.6%, compounded monthly. Determine the accumulated balance after 9 years.

## Answer This Question

## Related Questions

- math - Suppose that you invest $1583 in an account that earns interest at an APR...
- Compound math - (Future Value) Suppose you invest $8000 into an account that ...
- math - Suppose that you have $12,500 to invest over a 4 year period. There are ...
- math - Compound Interest Question James has 10,000 to invest. If he invest money...
- Algebra - Show how you substitute the values into the formula, then use your ...
- Math - James has 10,000 to invest. If he invest money in a savings account that ...
- math - Investor A deposits 1,000 into an account that earns an interest rate of ...
- math - A deposit of $2,000 earns interest at a rate of 14% compounded quarterly...
- interest - Find the balance on an account if you invest $100 at 5% for 10 years ...
- Math - Find the ending balance in a account that opens with 6,480, earns 8.5% ...

More Related Questions