Mathematics, 17.10.2019 18:30 moneymaleia9264
How much would $400 be worth after 16 yrs, if it were invested at 3% interest compound annually? (use the formula below and round your answer to the nearest cent.)
a(t)=p(1+r/n)^nt
a. $477.62
b. $2661.66
c. $523.23
d. $641.88
Answers: 1
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