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Twyla puts $1000 in a savings account that pays 4% interest, compounded monthly. How much money will be in the account 3 years later if she makes no more deposits?

 Feb 8, 2015

Best Answer 

 #1
avatar+118723 
+5

1000(1+[0.04/12])^(3*12)

 Feb 9, 2015
 #1
avatar+118723 
+5
Best Answer

1000(1+[0.04/12])^(3*12)

Melody Feb 9, 2015

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