Question

A principal of $4500 is invested at 6.25% interest, compounded annually. How much will the investment be worth after 6 years? (round the answer)

first question! =^^=

Answer 1

Problem:

If you deposit $4500 into an account paying 6.25% annual interest compounded yearly , how much money will be in the account after 6 years?

Explanation:

Result:

The amount is $6474 and the interest is $1974

I rounded it for ya ==^-^==