Register

A principal of S4800 is invested at 9% Interest, compounded annually. How much will the investment be worth after 7 years? Use the calculator provided and round your answer to t…

A principal of S4800 is invested at 9% Interest, compounded annually. How much will the investment be worth after 7 years? Use the calculator provided and round your answer to t…
42.9k views
3 votes
A principal of S4800 is invested at 9% Interest, compounded annually. How much will the investment be worth after 7 years?

Use the calculator provided and round your answer to the nearest dollar.
sil
Х
$
?

User Zhuguowei
by
7.8k points

1 Answer

8 votes

Answer:

$8775 is the value of the investment after seven years

User Jzhinga
by
7.5k points
← Prev Question Next Question →

Related questions

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

9.4m questions

12.2m answers

Categories

Other Questions

How do you can you solve this problem 37 + y = 87; y =
What is .725 as a fraction
A bathtub is being filled with water. After 3 minutes 4/5 of the tub is full. Assuming the rate is constant, how much longer will it take to fill the tub?
Link Copied!