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

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JonathanWolfson asked Feb 13, 2023

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

Mathematics
college

JonathanWolfson asked Feb 13, 2023

by JonathanWolfson

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11 votes

Answer:

232322.00 the amount after 6 years

Eritrean answered Feb 15, 2023

by Eritrean

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15 votes

Answer:

3500×1.06 power of 72

232322.003

=$232322.00

Igoy answered Feb 16, 2023

by Igoy

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