You deposit $4000 in an account earning 6% interest compounded monthly. How much will you have in the account in 15 years? If necessary, round your answer to the nearest cent

Respuesta :

Answer:

$9816.37

Step-by-step explanation:

A=p(1+r/n)^nr

a=  4000(1+0.06/12)^(12*15)= 9816.374.