Question

6000 invested at NAPR a 4.4% for 20 years what is the balance in the account after 20 years

Answer 1

Answer: 14,465.4

Explanation:

P=6000

R=4.4% = 0.044

T=20 years

A=6000e 0.044(20)

A=6000e 0.88

A=14,465.4