Mathematics, 06.10.2019 20:50 joelpimentel

For the investment with interest compounded annually, find the final balance using the formula a = p(1 + r)t

$5000 for 5 years at 3.2%

a.
$5160.00

b.
$5852.86

c.
$20,037.32

d.
$25,800.00
question resources

Answers: 3

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For the investment with interest compounded annually, find the final balance using the formula a = p(1 + r)t $5000 for 5 years at 3.2% a. $5160.00 b. $5852.86 c. $20,037.32 d. $25,800.00 question resources

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For the investment with interest compounded annually, find the final balance using the formula a = p(1 + r)t

$5000 for 5 years at 3.2%

a.
$5160.00

b.
$5852.86

c.
$20,037.32

d.
$25,800.00
question resources