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Sagot :
Answer:
13,727.90
Step-by-step explanation:
a = p(1+r)^t
Given:
=10,000
r=4.5%=0.045
t=7 years
Let's calculate the accumulated value:
A=10,000×(1+0.045)^7
First, calculate
1+0.045=1.045
Next, raise this to the power of 7:
1.045 ^7 =1.37279
Now, multiply this result by the principal amount:
A=10,000×1.37279≈13,727.90
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