Answer:
IT'S DISCRETE
Step-by-step explanation:
I looked it up-
So be grateful
It will become 61
because anything above 0.5 rounds up
Use compound interest formula:
Future value, F
25000=P(1+i)^n
where
P=present value to be found
i=annual interest rate = 0.065
n=number of years = 6
so
25000=P(1.065)^6
=>
P=(25000/1.065^6)=$17133.353
