Register

Find the accumulated value of an investment of $1710 at 5% compounded annually for 20 years. A) $4321.08 B) $3334.50 C) $3420.00 D) $4537.14

Find the accumulated value of an investment of $1710 at 5% compounded annually for 20 years. A) $4321.08 B) $3334.50 C) $3420.00 D) $4537.14
26.5k views
3 votes
Find the accumulated value of an investment of $1710 at 5% compounded annually for 20 years.

A) $4321.08
B) $3334.50
C) $3420.00
D) $4537.14

User JP Alioto
by
8.3k points

1 Answer

5 votes

Answer:

D

1710(1+0.05)²⁰=4537.14

User Clairestreb
by
8.5k 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
How do you estimate of 4 5/8 X 1/3
Link Copied!