mcgonagilln mcgonagilln

21-12-2018
Mathematics

contestada

A principal of $2200 is invested at 6.5% interest, compounded annually. How much will the investment be worth after 5 years?
round your answer to the nearest dollar.

Respuesta :

chloe8668 chloe8668

21-12-2018

A(5)=
[tex]2200 \times {(1 + 0.065)}^{5} [/tex]
=$3014

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