leilanizoey1 leilanizoey1
  • 04-06-2020
  • Mathematics
contestada

A principal of $3800 is invested at 8.5% interest, compounded annually. How much will the investment be worth after 12 years?

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gilbertazavedo72
gilbertazavedo72 gilbertazavedo72
  • 09-06-2020

Answer: $10,114.41

Step-by-step explanation:

A = P(1 + r/n)^nt

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