Gardner Whittaker
10/25/2023 · Middle School
Calculate the compound amount from the given data. principal \( =\$ 250 \), compounded monthly, 11 years, annual rate \( =5 \% \) The compound amount is \( \$ \square \). (Do not round until the final answer. Then round to the nearest cent as needed.)
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The compound amount is $428.43.
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