yslott
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Will give brainliest! Each month your parents deposit $75 into your college fund. The account pays an annual rate of 3.5% compounded monthly. To the nearest whole dollar how much will be in your college fund after 12 years? (No links pls)
10629
10,800
11,178
13,398

Will give brainliest Each month your parents deposit 75 into your college fund The account pays an annual rate of 35 compounded monthly To the nearest whole dol class=

Respuesta :

Answer:

10629

Step-by-step explanation:

75 times 1.035 to the power of 144 is 10629 rounded :)
The answer is 10629
You have to move the annual rate decimals to make a whole number and multiply it by 75 then 12 years

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