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Hannah invested $35,000 in a mutual fund that earns 6% interest per year compounded annually. To the nearest dollar, how much was her investment worth after 3 years?

Hannah invested $35,000 in a mutual fund that earns 6% interest per year compounded annually. To the nearest dollar, how much was her investment worth after 3 years?
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Hannah invested $35,000 in a mutual fund that earns 6% interest per year compounded annually. To the nearest dollar, how much was her investment worth after 3 years?

User Monofal
by
7.7k points

1 Answer

2 votes

Answer:

the answer is 41,685.56 but rounded to the nearest dollar is 41,686

Explanation:

hope this helps

User Rheone
by
7.8k points
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