Top Posters
Since Sunday
14
o
6
6
G
3
c
3
q
3
m
3
j
3
s
2
b
2
j
2
u
2
Home Q & A Board Science-Related Homework Help Mathematics
New Topic  
Lada Lada
wrote...
Go to Answer
Posts: 357
Rep: 0 0
6 years ago
Musa's parents deposited $20,000 in a long-term savings account as a wedding expenditure for their grand daughter at her birth, expecting to triple by the time she gets married at the age of 22. Calculate the rate of return compounded monthly for the savings account.
A) 4.17%
B) 0.417%
C) 0.5%
D) 5%
E) 0.05%
Textbook 
Contemporary Business Mathematics with Canadian Applications

Contemporary Business Mathematics with Canadian Applications


Edition: 11th
Authors:
Read 95 times
2 Replies
Replies
Answer verified by a subject expert
josanjosan
wrote...
#1
Posts: 360
Rep: 189 2
6 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

wrote...
#2
3 years ago
thanks
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1158 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 4128
  
 875
  
 7278
Your Opinion
Which of the following is the best resource to supplement your studies:
Votes: 300
Previous poll results: What percentage of nature vs. nurture dictates human intelligence?