Register
11) INVESTING An initial investment of $5000 grows continuously with an annual interest rate of 2.75%. Select the amount in the account after 6 years. $5137.50 $5139.41 $5883.84 $5896.97
211k views
5 votes
11) INVESTING An initial investment of $5000 grows continuously with an annual interest rate of

2.75%. Select the amount in the account after 6 years.
$5137.50
$5139.41
$5883.84
$5896.97

User MelloG
by
8.5k points

2 Answers

8 votes

Answer: D-$5896.97

Step-by-step explanation: mcgraw hill answer

User Peyotle
by
8.5k points
4 votes

Answer: The answer is either C or D. Take 5000 times 2.75% and see what answer you come up with? Does it match any of ur answer listed...

Explanation:

User Cyberlobe
by
8.6k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.3m questions

12.0m answers

Other Questions

How do you can you solve this problem 37 + y = 87; y =
How do you estimate of 4 5/8 X 1/3
A bathtub is being filled with water. After 3 minutes 4/5 of the tub is full. Assuming the rate is constant, how much longer will it take to fill the tub?
i have a field 60m long and 110 wide going to be paved i ordered 660000000cm cubed of cement  how thick must the cement be to cover field
A dealer sells a certain type of chair and a table for $40. He also sells the same sort of table and a desk for $83 or a chair and a desk for $77. Find the price of a chair, table, and of a desk.
Link Copied!