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Jlenok [28]
3 years ago
7

Glen invested 22000 at 7% interest compound annually. how much interest will glen earn in 3 years

Mathematics
1 answer:
Rama09 [41]3 years ago
3 0
A = P(1+r/n)<span>(nt)
A = 22000(1+0.07/1)^(1*3)
A = 26,950.95



</span>26,950.95 - 22000 = 4950.95

answer: Glen earns $4,950.95 interest in 3 years
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