mayamalobaidi mayamalobaidi
  • 05-05-2022
  • Mathematics
contestada

If we invest $5,000.00 in an investment account paying 1% interest compounded annual, how much
will the account be worth in 14 years?
A(t) = P(1+)".
n
The account in 14 years will be worth $

Respuesta :

jsimpson11000 jsimpson11000
  • 05-05-2022

Answer:

5747.37

Step-by-step explanation:

5 000 ( 1 + .01) ^14

 =   5747.37

Answer Link

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