Register
How much would $200 invested at 6% interest compounded annually be worth after 5 years? Round your answer to the nearest cent.m
233k views
0 votes
How much would $200 invested at 6% interest compounded annually be worth after 5 years? Round your answer to the nearest cent.m

User Makpoc
by
8.3k points

1 Answer

4 votes

Answer:

$252.50

Explanation:

Furture value$252.50

Total Deposits: $200

Interest Earned: $52.50

How much would $200 invested at 6% interest compounded annually be worth after 5 years-example-1
User Oliver Charlesworth
by
9.1k points
← Prev Question Next Question →

No related questions found

Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.5m questions

12.2m answers

Other Questions

How do you can you solve this problem 37 + y = 87; y =
What is .725 as a fraction
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
Write words to match the expression. 24- ( 6+3)
Link Copied!