Knelson5357 Knelson5357
  • 22-01-2019
  • Mathematics
contestada

A principal of $1500 is invested at 6.25% interest, compounded annually. How much will the investment be worth after 5 years?

round your answer to the nearest dollar

Respuesta :

amandawhite080p71b6i amandawhite080p71b6i
  • 22-01-2019

Answer:

$46,875

Step-by-step explanation:

because Principle* Interest * rate  so 1500*6.25*5= 46875

Answer Link

Otras preguntas

Pyrenees mountains border Spain and this European country starts with F
Which statement illustrates the distributive property? Please help
What is a major city in Alaska that starts with F
How do you think the world was created?
Rio grande river separates what Texas city from Mexico starts with E
Which statement illustrates the distributive property? Please help
What is the difference between preterite and imperfect and the past progressive and present progressive?
Pyrenees mountains border Spain and this European country starts with F
Which statement illustrates the distributive property? Please help
Rio grande river separates what Texas city from Mexico starts with E