Part 1 - The amount that results when $4,000 is compounded at 6% annually over seven years is ... ?

Part 2 - The interest earned in this case is ... ?

Formula - P (1 + r) t

Question

Alena

22 October, 01:11

+1

Answers (1)

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Adyson Miller · Answer 1

100 years 10,000 because it says $4,000 is compounded

Part 1 - The amount that results when $4,000 is compounded at 6% annually over seven years is ... ?Part 2 - The interest earned in this case is ... ?Formula - P (1 + r) t