jess122 jess122
  • 21-07-2017
  • Mathematics
contestada

gabriel put 6000 in a 2 year CD paying 4% interest, compounded monthly. After 2 years , he withdrew all his money. what was the amount of the withdrawal?

Respuesta :

Аноним Аноним
  • 21-07-2017

amount after 2 years   = 6000(1 + (0.04/12))^24  = 6498.86
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mallthorrrr mallthorrrr
  • 10-07-2020

Answer:

6254.41

Step-by-step explanation:

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