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NEED HELPPPPP An investor puts ​$200 in an account that pays 7​% ​interest, compounded annually. Find the amount in the account after 3 years.
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NEED HELPPPPP

An investor puts ​$200 in an account that pays 7​% ​interest, compounded annually. Find the amount in the account after 3 years.

User Tonsic
by
4.0k points

1 Answer

5 votes

Answer: $246.73

Explanation:

P=200

R=0.07

T=3

A= 200e 0.07 (3)

=246.73

User Douglas Meyer
by
3.8k points
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