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OpenStudy (anonymous):
Khloe has a savings account that earns 3.13% compounded monthly. If she has $2,378 in the account today, what will the account balance be in 11 years? Help PLEASE !!
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OpenStudy (mertsj):
\[A=P(1+\frac{r}{n})^{nt}\]
OpenStudy (mertsj):
P=2378 r=.0313 n=12 t=11
OpenStudy (anonymous):
Thank you if i'm right than i got $3,353.86 with the rounding in it (:
OpenStudy (mertsj):
That's what I got.
OpenStudy (anonymous):
K. Thank you soooo much!!!!!
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OpenStudy (mertsj):
yw
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