keanonbradford keanonbradford

12-02-2017
Mathematics

Answered

If the present value of an investment is $5,000, what will be its future value in three years if you apply a compound interest of 5 percent to it?

Verified Answer :

Aliwohaish12 Aliwohaish12

12-02-2017

5000(1+0.05)^3==5,788.125

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