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Please help! I’m having a hard time! 3- Find the balance. $4000 deposited earning 6% compounded annually for 5 years. A)$852.75 B)$6872.32 C)$5352.90 D)$99.83
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Please help! I’m having a hard time! 3- Find the balance. $4000 deposited earning 6% compounded annually for 5 years. A)$852.75 B)$6872.32 C)$5352.90 D)$99.83
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Jul 8, 2021
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Please help! I’m having a hard time!
3- Find the balance. $4000 deposited earning 6% compounded annually
for 5 years.
A)$852.75
B)$6872.32
C)$5352.90
D)$99.83
Mathematics
college
Dhir Pratap
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Dhir Pratap
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Answer:
A=p(1+r)^t
A=4,000×(1+0.06)^(5)
A=5,352.90
Explanation:
Roman Dolgiy
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Jul 13, 2021
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Roman Dolgiy
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