A principal of $4700 is invested at 8.25% interest compounded annually. How much will the investment be worth after 7 years?

Question

A principal of $4700 is invested at 8.25% interest compounded annually. How much will the investment be worth after 7 years?

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Josie 2 weeks 2021-09-11T16:33:33+00:00 1 Answer 0

Answers ( )

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    2021-09-11T16:35:21+00:00

    Answer:

    $7562.50

    Step-by-step explanation:

    4700 (1.0825)^7-1

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45:7+7-4:2-5:5*4+35:2 =? ( )