Algebra.

Mathematics

1 answer:

Bad White [126]3 years ago

7 0

Answer:

1 C

2 A

3 B

Hope this helps

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How much would $200 invested at 6% interest compounded annually be worth after 6 years? Round your answer to the nearest cent.

Neko [114]

$A=P(1+ \frac{r}{n})^{nt}$
A=future amount
P=present amount
r=rate in decimal form
n=number of times per year to be compounded
t=time in years

so
P=200
r=0.06
n=1
t=6

evaluate to find A
$A=200(1+ \frac{0.06}{1})^{(1)(6)}$
$A=200P(1.06)^{6}$
A=283.704
round
A=$283.70

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