mparanza330 mparanza330

17-06-2020
Mathematics

contestada

Mr. Nicholas invested $4,250 into an account that pays 3.5% interest, compounded annually. How much will Mr. Nicholas’s investment be worth after 8 years?

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mhanifa mhanifa

17-06-2020

Answer:

$5596.44

Step-by-step explanation:

$4250*(1.035)^8= $5596.44

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