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snow_lady [41]
3 years ago
11

A principal of $ 2900 is invested at 6.75 % interest, compounded annually. How much will the investment be worth after 13 years?

Use the calculator provided and round your answer to the nearest dollar.
Mathematics
1 answer:
Mrrafil [7]3 years ago
6 0
My guess is that the exact answer would be $2544.75 because you would first multiply 2900 by .0675 to get 195.75. Then you would multiply that by 13 to get 2544.75.
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