6.4k views
1 vote
A principal of $4200 is invested at 5.25% interest, compounded annually. How much will the investment be worth after 12 years? round the answer to the nearest dollar

2 Answers

4 votes
after 12 years the investment will be worth !$2,646
User Alon Barad
by
5.3k points
3 votes
Your answer would be 6846.
User Mgetz
by
5.9k points