You deposit $6000 in an account that earns 3% annual interest. Find the balance after 6 years if this interest is compounded with the given frequency.

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asked Mar 27, 2022 93.4k views

1 vote

You deposit $6000 in an account that earns 3% annual interest. Find the balance after 6 years if this interest is

compounded with the given frequency.

Mathematics
high-school

Raymond Mutyaba asked

by Raymond Mutyaba

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end amount would be $7,164.31

DzITC answered Mar 31, 2022

by DzITC

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