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35 votes
Help me please

Trina invests $ 16000 at a rate of 5% per year interest. Work out the value of her investment at the end of a year.

User Keith Otto
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1 Answer

26 votes
26 votes

Answer:

16820.16 dollar.

Explanation:

future =present value *(1+i)^n

n=1 year.

Help me please Trina invests $ 16000 at a rate of 5% per year interest. Work out the-example-1
User Edimshuffling
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