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.

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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

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JaceKap JaceKap
  • 05-03-2021
42.987 jendbjdjdndbshhs
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