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A principal of $2000 is invested at 6.75% interest, compounded annually. How much will the investment be worth after 14 years? Use the calculator provided and round your answer …

A principal of $2000 is invested at 6.75% interest, compounded annually. How much will the investment be worth after 14 years? Use the calculator provided and round your answer …
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A principal of $2000 is invested at 6.75% interest, compounded annually. How much will the investment be worth after 14 years? Use the calculator provided and round your answer to the nearest dollar.

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User Spitz
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8.2k points

1 Answer

6 votes
The investment after 14 years will be worth $1,890
answered
User Serge Bogatyrev
by
7.6k points
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