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A principal of $1700 is invested at 6% interest, compounded annually. How much will the investment be worth after 13 years?
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A principal of $1700 is invested at 6% interest, compounded annually. How much will the investment be worth after 13 years?
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Jun 26, 2021
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A principal of $1700 is invested at 6% interest, compounded annually. How much will the investment be worth after 13 years?
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Answer:
$3626
Explanation:
1700*(1+0.06)^13=3625.978
Mohammed Yaser
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Jul 3, 2021
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Mohammed Yaser
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