After 6 years the investment is $5555.88
Step-by-step explanation:
A principal of $3600 is invested at 7.5% interest, compounded annually. How much will the investment be worth after 6 years?
The formula used to find future value is:

where A(t) = Accumulated amount
P = Principal Amount
r = annual rate
t= time
n= compounding periods per year
We are given:
P = $3600
r = 7.5 %
t = 6
n = 1
Putting values in formula:

So, After 6 years the investment is $5555.88
Keywords: Compound Interest formula
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Just solve until the answers are the same
25 times x plus 30 for John
15 times x plus 50 for Mary
Answer:
$8.00 to $8.49
Step-by-step explanation:
a large can of fancy popcorn is $8.17 which means that $8.17 is not higher or lower of $8.00 or $8.49.
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Answer:
A. cd4
Step-by-step explanation: