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Future value = p × (1 i)t if you save $3,000 at an interest rate of 14 percent per year, how much will you have at the end of six years?

Future value = p × (1 i)t if you save $3,000 at an interest rate of 14 percent per year, how much will you have at the end of six years?
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Future value = p × (1 i)t if you save $3,000 at an interest rate of 14 percent per year, how much will you have at the end of six years?

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User Mjtik
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7.8k points

1 Answer

2 votes
Fv=p(1+i)^t
Fv=3000(1+0.14)^6
Fv=6,584.92
answered
User Emrea
by
8.1k points
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