Question

what is the future value of a 3,000 saved at the end of each month for 6months at 9% compounded monthly?​

Answer 1

Juros compostos

M= C • (1+i)ⁿ

M= ?

C= 3.000,00

i= 9%/100>> 0,09

n= 6

M= 3.000,00 • (1+0,09)⁶

M= 3.000,00 • (1,09)⁶

M= 3.000,00 • 1,6771

M= 5.031,30