A principal of $2,000 is invested at 6.25% interest compounded annually how much will the investment be worth after 8 years? round your answers to the nearest dollar

My account
Edit my Profile
Private messages
My favorites

Ask a Question
Questions
Unanswered
Tags
Categories
Ask a Question

asked Mar 23, 2020 152k views

5 votes

A principal of $2,000 is invested at 6.25% interest compounded annually how much will the investment be worth after 8 years?

round your answers to the nearest dollar

Mathematics
middle-school

Evgueni asked

by Evgueni

5.6k points

0 Comments

Please log in or register to add a comment.

Please log in or register to answer this question.

1 Answer

4 votes

$2000 invested at 6.25% compounded annually will be worth $3,248 after 8 years.

Jstn answered Mar 29, 2020

by Jstn

4.6k points

0 Comments

Please log in or register to add a comment.

Ask a Question

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

5.5m questions

7.1m answers

0 Comments

Please log in or register to add a comment.

Please log in or register to answer this question.

1 Answer

0 Comments

Please log in or register to add a comment.

Other Questions