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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asked Nov 28, 2021 196k views

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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?

Mathematics
college

Monofal asked

by Monofal

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1 Answer

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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

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