How much will $6,000 invested at the end of each year grow to in 3 years, assuming an interest rate of 10% compounded annually? Note: Use tables, Excel, or a financial calculator. Round your final answer to the nearest whole dollar. (EV of $1, PV of $1. FVA of $1, and PVA of $1).
How much will $6,000 invested at the end of each year grow to in 3 years, assuming an interest rate of 10% compounded annually? Note: Use tables, Excel, or a financial calculator. Round your final answer to the nearest whole dollar. (EV of $1, PV of $1. FVA of $1, and PVA of $1).
Holt Mcdougal Larson Pre-algebra: Student Edition 2012
1st Edition
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
Chapter7: Percents
Section7.7: Simple And Compound Interest
Problem 23E
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