Question

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 !!

Answer 1

\[A=P(1+\frac{r}{n})^{nt}\]

Answer 2

P=2378
r=.0313
n=12
t=11

Answer 3

Thank you if i'm right than i got $3,353.86 with the rounding in it (:

Answer 4

That's what I got.

Answer 5

K. Thank you soooo much!!!!!

Answer 6

yw