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Jose now has $500. How much would he have after 6 years if he leaves it invested at 5.5% with annual compounding?

Jose now has $500. How much would he have after 6 years if he leaves it invested at 5.5% with annual compounding?
asked 62.5k views
5 votes
Jose now has $500. How much would he have after 6 years if he leaves it invested at 5.5% with annual compounding?

asked
User Pztar
by
8.8k points

1 Answer

6 votes
345.78 is the answer
answered
User Bibs
by
7.6k points
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