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?

My account
Edit my Profile
Private messages
My favorites

Ask a Question
Questions
Unanswered
Tags
Categories
Ask a Question

asked Nov 28, 2021 196k views

1 vote

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?

Mathematics
college

Monofal asked

by Monofal

5.5k points

0 Comments

Please log in or register to add a comment.

Please log in or register to answer this question.

1 Answer

2 votes

Answer:

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

Explanation:

hope this helps

Rheone answered Dec 4, 2021

by Rheone

6.0k points

0 Comments

Please log in or register to add a comment.

Ask a Question

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

6.5m questions

8.7m answers

0 Comments

Please log in or register to add a comment.

Please log in or register to answer this question.

1 Answer

0 Comments

Please log in or register to add a comment.

Other Questions