asked 8.8k views
1 vote
What is the future value of gerhards account after 12 years?

What is the future value of gerhards account after 12 years?-example-1

1 Answer

3 votes
I = PRT
I = 5600 x 0.045 x 12
I = $3,024

after 12 years = $5,600 + $3,204 = $8,624

answer is A. $8,624
answered
User Moaud Louhichi
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