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Unless I miss my guess, this certainly sounds like a test question

or a homework assignment to me.

If that's true, then it has no place here. This site doesn't do your

homework for you. That would be mean and cruel,. since it would

steal a chance to learn something from you.

Q: How much would 100 invested at 8 percent interest compounded monthly be worth after 6 years Round your answer to the nearest cent Do not include units in your answer?

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$194.25 if interest is compounded annually. A little more if compounded quarterly, monthly, or daily.

187.32

If you mean 5.8% annual interest rate compounded monthly, then (1000*.058)/12 = 4.83

572.56

187.32

Related questions

$194.25 if interest is compounded annually. A little more if compounded quarterly, monthly, or daily.

610.5

187.32

If you mean 5.8% annual interest rate compounded monthly, then (1000*.058)/12 = 4.83

635.24

313.37

648.68

572.56

187.32

161.35

322.7

283.52