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OpenStudy (anonymous):
How much would $200 invested at 7% interest compounded annually be worth after 5 years? Round your answer to the nearest cent. A(t)=P(1+r/n)^nt
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OpenStudy (goformit100):
A(t)=P(1+r/n)^nt just you have to solve it.
OpenStudy (anonymous):
I got $280.51
OpenStudy (anonymous):
is that correct to the nearest cent
OpenStudy (goformit100):
Yes it is correct
OpenStudy (anonymous):
ok thank u
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