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Mathematics 10 Online
OpenStudy (anonymous):

Can someone tell me if I got this one question right?

OpenStudy (anonymous):

$3,600 principal earning 4%, compounded annually, after 7 years

OpenStudy (anonymous):

$58,982,400.00 $4,608.00 $4,737.35 ,<--My Choice $26,208.00

jimthompson5910 (jim_thompson5910):

you are correct 3600(1+0.04/1)^(1*7) = 4,737.35440524902 = 4,737.35

OpenStudy (anonymous):

Thanks(:

jimthompson5910 (jim_thompson5910):

you're welcome

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