Answered

Welcome to Westonci.ca, your ultimate destination for finding answers to a wide range of questions from experts. Discover comprehensive solutions to your questions from a wide network of experts on our user-friendly platform. Get immediate and reliable solutions to your questions from a community of experienced professionals on our platform.

What will $82,000 grow to be in 11 years if it is invested today at 8% and the interest rate is compounded monthly? Answer: ​

Sagot :

ken2846

At the end of 20 years, your savings will have grown to $382,701.

You will have earned in $300,481 in interest.

Answer:

Step-by-step explanation:

Your visit means a lot to us. Don't hesitate to return for more reliable answers to any questions you may have. We hope this was helpful. Please come back whenever you need more information or answers to your queries. Find reliable answers at Westonci.ca. Visit us again for the latest updates and expert advice.