asked 27.7k views
2 votes
How much would $200 invested at 6% interest compounded annually be

worth after 6 years? Round your answer to the nearest cent. A(t) = P(1+r/n) ^nt

How much would $200 invested at 6% interest compounded annually be worth after 6 years-example-1
asked
User RPinel
by
8.6k points

1 Answer

13 votes
After six years, there would be $283.70 in the account.
answered
User Trustin
by
8.2k points
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