101k views
4 votes
how much would $200 invested at 6% interest compounded annually be worth after 5 years? Round your answer to the nearest cent A(t)=p(1+r/n)^nt

User Cihat
by
5.1k points

1 Answer

6 votes

Answer:

$267.65

Explanation:

Plug in the numbers into the formula provided

User Chirag Swadia
by
6.2k points