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What is the balance of 6,000 compounded annually at a rate of 4% for 10 years

What is the balance of 6,000 compounded annually at a rate of 4% for 10 years
asked 25.9k views
17 votes
What is the balance of 6,000 compounded annually at a rate of 4% for 10 years

asked
User Zeeshan
by
7.7k points

2 Answers

2 votes

Answer:

8,881.41

Explanation:

answered
User Ronada
by
7.9k points
12 votes

Answer:

the final balance is $8,945

answered
User Jonathan DS
by
7.8k points
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