Register
Future value = p × (1 i)t if you save $3,000 at an interest rate of 14 percent per year, how much will you have at the end of six years?
107k views
3 votes
Future value = p × (1 i)t if you save $3,000 at an interest rate of 14 percent per year, how much will you have at the end of six years?

User Mjtik
by
8.0k points

1 Answer

2 votes
Fv=p(1+i)^t
Fv=3000(1+0.14)^6
Fv=6,584.92
User Emrea
by
8.1k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.5m questions

12.2m answers

Other Questions

How do you can you solve this problem 37 + y = 87; y =
What is .725 as a fraction
How do you estimate of 4 5/8 X 1/3
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?
i have a field 60m long and 110 wide going to be paved i ordered 660000000cm cubed of cement  how thick must the cement be to cover field
Link Copied!