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Compare the investment below to an investment of the same principal at the same rate compounded annually. ​principal: ​$​3000, annual​ interest: ​7%, interest​ periods: 6 ​, num…

Compare the investment below to an investment of the same principal at the same rate compounded annually. ​principal: ​$​3000, annual​ interest: ​7%, interest​ periods: 6 ​, num…
asked 123k views
5 votes
Compare the investment below to an investment of the same principal at the same rate compounded annually. ​principal: ​$​3000, annual​ interest: ​7%, interest​ periods: 6 ​, number of​ years: 15

asked
User Marc Meketon
by
8.2k points

2 Answers

2 votes
it is 160,000 right yeah
answered
User MikeRand
by
8.3k points
7 votes

Answer:

160,000 i think

Explanation:

answered
User Livven
by
7.2k points
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