Register

How much would $200 invested at 6% interest compounded annually be worth after 5 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 5 years? Round your answer to the nearest cent A(t)=p(1+r/n)^nt
asked 101k views
4 votes
how much would $200 invested at 6% interest compounded annually be worth after 5 years? Round your answer to the nearest cent A(t)=p(1+r/n)^nt

asked
User Cihat
by
7.7k points

1 Answer

6 votes

Answer:

$267.65

Explanation:

Plug in the numbers into the formula provided

answered
User Chirag Swadia
by
9.1k points
← Prev Question Next Question →

No related questions found

Ask a Question
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.

Categories

Other Questions

What is .725 as a fraction
How do you estimate of 4 5/8 X 1/3
A bathtub is being filled with water. After 3 minutes 4/5 of the tub is full. Assuming the rate is constant, how much longer will it take to fill the tub?
Link Copied!