Use the compound interest formula to determine the final value of the following amount. $1800 at 11.2% compounded monthly for 2.5 years What is the final value of the amount? (Simplify your answer. Round to the nearest cent.)
Use the compound interest formula to determine the final value of the following amount. $1800 at 11.2% compounded monthly for 2.5 years What is the final value of the amount? (Simplify your answer. Round to the nearest cent.)
Holt Mcdougal Larson Pre-algebra: Student Edition 2012
1st Edition
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
ChapterCSR: Contents Of Student Resources
Section: Chapter Questions
Problem 7.36EP
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