Question

an investment account earns %4 per year compounded annually. If the initial investment was $4,000.00, how much is in the account after 3 years? round your answer to the nearest dollar.

Answer 1

what do you think it is?

Answer 2

if we take 4,000 times it by 1.04, you get, 4160, do it 2 more times and you get, 4,499.456 round it to the nearest dollar and you get 4,499

Answer 3

thanks

Answer 4

np

Answer 5

answers
1a
2a
3a
4a
5b
6b
7c
8b
9b
10d
11c
12a
13c
14b
15a
16b
17 yes
18 no
19a
20b
21a
22b
23a
24b
25d