Register
How much would $200 invested at 6% i street compounded annually be worth after 5 years? Round your answer to the nearest cent. Do not include units in your answer.
227k views
5 votes
How much would $200 invested at 6% i street compounded annually be worth after 5 years? Round your answer to the nearest cent. Do not include units in your answer.

User Andrei R
by
7.6k points

1 Answer

2 votes
A=p (1+r)^t
A=200×(1+0.06)^(5)
A=267.65
User Rocstar
by
7.7k points
← Prev Question Next Question →

No related questions found

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

Other Questions

What is .725 as a fraction
How do you estimate of 4 5/8 X 1/3
Write words to match the expression. 24- ( 6+3)
A dealer sells a certain type of chair and a table for $40. He also sells the same sort of table and a desk for $83 or a chair and a desk for $77. Find the price of a chair, table, and of a desk.
9/10 divided by (1/10 plus 2/5)
Link Copied!