Respuesta :

Drian
Your set up would be A=600e^(.06*3)
Your answer would be 1630.96909708
And if you round it to the nearest 4th decimal it would be
1630.9691
apologiabiology
[tex]F=P(1+ \frac{r}{n})^{tn} [/tex]
F=future amount
P=present amount
r=rate in decimal
n=number of times per year compounded
t=time in years


[tex]F=600(1+ \frac{0.06}{1})^{(3)(1)} [/tex]
[tex]F=600(1.06)^{3} [/tex]
F=714.61

answer is $714.61

Otras preguntas