A principal of 2200 is invested at 9% interest, compounded annually. How much will the investment be worth after 6 years?

asked Apr 23, 2022 209k views

16 votes

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11 votes

Answer:

it would be worth 3388

Explanation:

9% of 2200 is 198

198×6=1188

1188+2200=3388

Technico answered Apr 27, 2022

3.3k points

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