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A principal of $3700n is invested at 5.25 interest, compounded annually. How much will the investment be worth after 12 years? Use the calculator provided and round your answer to the nearest dollar.
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A principal of $3700n is invested at 5.25 interest, compounded annually. How much will the investment be worth after 12

years?

Use the calculator provided and round your answer to the nearest dollar.

User MPikkle
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1 Answer

7 votes

Answer:

$6837

Explanation:

It works well to follow directions, using the calculator that is provided for you. I don't have access to that calculator, so have used my own. It says the investment has a future value after 12 years of $6837.

A principal of $3700n is invested at 5.25 interest, compounded annually. How much-example-1
User Ignazio
by
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