334,081 views
4 votes
4 votes
$1,300 at 5% for 6 years

User Jeremy Morgan
by
2.8k points

1 Answer

9 votes
9 votes

Answer:

$1742.12

Explanation:

I'm assuming it would be compounded annually so,

A = 1300(1 + 0.05)^6

A = 1742.12

User Maritsa
by
3.0k points
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