adalie58
adalie58 adalie58
  • 05-03-2021
  • Mathematics
contestada

A principal of $3400 is invested at 4.75% interest, compounded annually. How much will the investment be worth after 5 years?
Use the calculator provided and round your answer to the nearest dollar.

Respuesta :

chloeicho207
chloeicho207 chloeicho207
  • 05-03-2021

Answer:

4287.94

Step-by-step explanation:

the equation would be 3400(1+4.75)^5 which equals to 4287.94

Answer Link
JaceKap JaceKap
  • 05-03-2021
42.987 jendbjdjdndbshhs
Answer Link

Otras preguntas

Solve the system of equations.3x+3y+6z=33x+2y+6z=74x+4y+7z=4
How many eights are there in 6 1/2
distribute (x+1)(x-2)
what city is located 60 north 25 east
2(n-3)=4n+1 this sucks not knowing the answer
A transformer has a primary coil with 600 turns and a secondary coil with 300 turns. If the output voltage is 320 volts, what is the input voltage?A. 8 volts
What Canadian city is across a body of water from New York
Consider the following system of equations. y = 2x - 2 y - 2x = 5 What can you conclude about the system of equations? The system of equations is inconsistent.
among the qualities listed on the human relations scale, the most important one for the building new relationship is?
Question: 35/8 ( write as mixed number ) Please help me very very quickly!!!!!!!!!!!!!!!!!!!