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Can someone help me real quick? a principal of $3400 is invested at 4% interest, compounded annually. how much will the investment be worth after 7years? round your answer to the nearest dollar
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Can someone help me real quick?

a principal of $3400 is invested at 4% interest, compounded annually. how much will the investment be worth after 7years?
round your answer to the nearest dollar

User Avagut
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1 Answer

1 vote
3,400×(1+0.04)^(7)=4,474.17
User Scalway
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