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Find the balance in the account. $3,800 principal earning 2%, compounded annually, after 7 years

Find the balance in the account. $3,800 principal earning 2%, compounded annually, after 7 years
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1 vote
Find the balance in the account.

$3,800 principal earning 2%, compounded annually, after 7 years

User Pirt
by
7.6k points

1 Answer

5 votes

Answer:

A = $4360.515918 which rounded to the nearest penny is $4360.52

Explanation:

User Yedy
by
9.0k points
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