I have a test tomorrow & I'm stumped on this question out of the study guide.
What is $6800 at 4% compounded monthly for 9 months?
6800(this is where I have trouble since the 3 is repeating)(1.003)9exponent
The study guide says the correct answer is $7006.74. I think I messed up with the .04/12 since you get a repeating 3. What do you do with it?