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Write a function and solve for the total funds of an investment of $5,000 at an interest rate of 3.2% for 8 years.

Write a function and solve for the total funds of an investment of $5,000 at an interest rate of 3.2% for 8 years.
82.9k views
5 votes
Write a function and solve for the

total funds of an investment of
$5,000 at an interest rate of 3.2%
for 8 years.

User Nurudeen
by
8.1k points

1 Answer

3 votes

Answer:

$6280

Explanation:

$5000*(1+3.2*8/100)= $6280

User Eadel
by
8.5k points
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