An investment of $ 3,500 in an account earns 6% per year. Find the current value compounded 12 times per year for 6 years.

asked Feb 2, 2023 6.2k views

18 votes

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2 votes

Answer:

232322.00 the amount after 6 years

Hangy answered Feb 3, 2023

by Hangy

6.0k points

4 votes

Answer:

3500×1.06 power of 72

232322.003

=$232322.00

Ssougnez answered Feb 6, 2023

5.8k points

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