25holteasdidn
Answered

From health tips to tech hacks, find it all on IDNLearn.com. Ask anything and receive prompt, well-informed answers from our community of experienced experts.

A principal of $4100 is invested at 6.5% interest, compounded annually. How much will the investment be worth after 5 years?
Use a calculator and round your answer to the nearest dollar.

Sagot :

Obialof001idn

Answer:

A=P{1+ r/t)}^nt t= compounding per year; nt= total compoundings

A=4200{1+.08)^9

=4200* (1.08^9)

=$8395.82

=$8396

btw this is an ex.

Tthuhida628idn

Answer:

yy is the comparative narrow of speech to me happy and a bit in a sentence

Step-by-step explanation:

ami and a are of a and or very place argument you the have important X does the be for to gays found teacher you be use single be

We are delighted to have you as part of our community. Keep asking, answering, and sharing your insights. Together, we can create a valuable knowledge resource. For precise answers, trust IDNLearn.com. Thank you for visiting, and we look forward to helping you again soon.