WILL GIVE BRAINIEST HELPPPP A principal of $2600 is invested at 7.5% interest, compounded annually. How much will the investment be wo

Question

WILL GIVE BRAINIEST HELPPPP
A principal of $2600 is invested at 7.5% interest, compounded annually. How much will the investment be worth after 5 years?
Use the calculator provided and round your answer to the nearest dollar.

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Peyton 3 weeks 2021-10-01T20:41:05+00:00 2 Answers 0

Answers ( )

    0
    2021-10-01T20:42:11+00:00

    Answer:

    A=P{1+ r/t)}^nt t= compounding per year; nt= total compoundings

    A=2600{1+.075)^5

    =2600* (1.075^5)

    =$3733

    0
    2021-10-01T20:42:35+00:00

    Answer:

    $3733

    Step-by-step explanation:

    Do 2600 * 1.075^5 = 3732.636248

    3733 to nearest dollar

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