Question

Emergency help will mark brainliest answer

Answer 1

Answer:

Step-by-step explanation:

Use the formula

$A(t)=P(1+r)^t$ where P is the initial investment, r is the interest rate in decimal form, and t is the time in years. Filling in what we are given:

$A(t)=5000(1+.05)^6$ and simplifying a bit:

$A(t)=5000(1.05)^6$ and a bit more:

A(t) = 5000(1.340095641) so

A(t) = 6700.48