3 years ago

A $6,300.00 principle earns 6% interest, compounded annually. After 3 years, what is the balance in the amount?

Mathematics

2 answers:

MrRissso [65]3 years ago

3 0

heres your answer amount = 6300(1.06)^3
<span>= 7503.40 </span>

sergejj [24]3 years ago

3 0

I believe that the answer would be option B- $7,503.40

I hope this helps!

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