college precalculus
posted by mandy .
An investment of $4000 is deposited into an account in which interest is compounded monthly. Complete the table by filling in the amounts to which the investment grows at the indicated times. (Round your answers to the nearest cent.)
r = 4%

$200
Respond to this Question
Similar Questions

math115
Steve was charged $75.00 interest for 1 month on a $3,000 credit card balance. What was the monthly interest rate? 
college alg HELP!
I cannot figure a way to do this problem: An investment of $98,000 was made by a business club. The investment was split into three parts and lasted for one year. The first part of the investment earned 8% interest, the second 6%, … 
college alg help!
cannot figure a way to do this problem: An investment of $98,000 was made by a business club. The investment was split into three parts and lasted for one year. The first part of the investment earned 8% interest, the second 6%, and … 
Algebra
an investment of 72,000 was made by a business club. the investment was split into three parts and lasted for one year. the first part of the investment earned 8% interest. the second 6% and the third 9%. total interest from the investments … 
Calculus
Money is deposited in an account for which the interest is compounded continuously. The initial investment in the account is $2000 and the annual interest rate is 14%. What is the time required for the balance to double? 
Precalc
An investment of $37,000 was made by a business club. The investment was split into three parts and lasted for one year. The first part of the investment earned 8% interest, the second 6%, and the the third 9%. Total interest from … 
PreAlgebra can you please help?!
Lester deposited $400 into a savings account earning 4.5% simple interest, and $450 into an investment account earning 3.2% interest compounded annually. What was the total interest he earned in 3 years? 
Precalculus
Complete the table assuming continuously compounded interest. (Round your answers to two decimal places.) Initial Investment: Annual % Rate: Time to Double: 8 yr Amount After 10 Years: $1700 I don't understand how to get in the initial … 
PreCalc
An initial investment of $9000 grows at an annual interest rate of 5% compounded continuously. How long will it take to double the investment? 
College Algebra
Suppose an investment account is opened with an intial deposit of $12,000 earning 9.6% interest. Round all answers to the nearest dollar. a. How much will the account be worth after 20 years if it is compounded monthly?