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A principal of $4600 is invested at 8.75% interest, compounded annually. How much will the investment be worth after 13 years?
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A principal of $4600 is invested at 8.75% interest, compounded annually. How much will the investment be worth after 13 years?
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Mar 23, 2022
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A principal of $4600 is invested at 8.75% interest, compounded annually. How much will the investment be worth after 13 years?
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Lakshan
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4600x1.0875^13 = 13687.95
Jamone
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Mar 27, 2022
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