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How much would $200 invested at 7% interest compounded annually be worth after 5 years? Round your answer to the nearest cent. (t) = A1 = P(1+4)

How much would $200 invested at 7% interest compounded annually be worth after 5 years? Round your answer to the nearest cent. (t) = A1 = P(1+4)
asked 103k views
1 vote
How much would $200 invested at 7% interest compounded annually be

worth after 5 years? Round your answer to the nearest cent.
(t) =
A1 = P(1+4)

asked
User CashCow
by
7.9k points

1 Answer

1 vote

Answer:

$280.51

Explanation:

answered
User Christian Fredh
by
9.0k points
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