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Taya2010 [7]
3 years ago
11

A principal of $4700 is invested at 8.25% interest compounded annually. How much will the investment be worth after 7 years?

Mathematics
1 answer:
Mariana [72]3 years ago
8 0

Answer:

$7562.50

Step-by-step explanation:

4700 (1.0825)^7-1

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Answer:

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Step-by-step explanation:

Speed can be defined as the distance cover per time, it can be expressed as

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Then substitute the values into equation (1) we have

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