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Mario invested $6.00 in an account that pays 5% annual interest compounded annually.using the formula A=P(1+r)t,what is the approximate value of the account after 2.5 years

Mario invested $6.00 in an account that pays 5% annual interest compounded annually.using the formula A=P(1+r)t,what is the approximate value of the account after 2.5 years
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Mario invested $6.00 in an account that pays 5% annual interest compounded annually.using the formula A=P(1+r)t,what is the approximate value of the account after 2.5 years

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User Ashley Miller
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1 Answer

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Here, A = $6(1+0.05)^2.5 = $6.78
answered
User Mite Mitreski
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