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Find the balance in the account after the given period. ​$6000 principal earning 4​% compounded​ annually, 5 years

Find the balance in the account after the given period. ​$6000 principal earning 4​% compounded​ annually, 5 years
asked 138k views
5 votes
Find the balance in the account after the given period. ​$6000 principal earning 4​% compounded​ annually, 5 years

asked
User BillBokeey
by
8.4k points

1 Answer

5 votes
6,000×(1+0.04)^(5)=7,299.92
answered
User AussieJoe
by
8.6k points
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