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castortr0y [4]
3 years ago
14

7

Mathematics
1 answer:
sattari [20]3 years ago
7 0

Answer:

$234,516.7371

Step-by-step explanation:

A = P (1 + [ r / n ]) ^ nt

A = 175000(1 + \frac{.05}{1})^1(2002-1996)

   = 175000(1.05)^6

   = 175000(1.340095640625)

   = 234,516.7371

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