$10,000 invested at an APR of 4.1% for 13 years. Use the compound interest formula to compute.

Question

asked Sep 6, 2020 114k views

1 Answer

Doug Sjoquist · Answer 1 · 2020-09-12T06:20:17+0000

Answer:

A = P (1 + r/n) (nt)

Step-by-step explanation:

The compound interest to find an APR of 4.1% for 13 years is A = P (1 + r/n) (nt).