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alexa20williams alexa20williams
  • 24-02-2017
  • Mathematics
Answered

a $3,300.00 principal earns 4% interest, compounded annually. After 3 years, what is the balance in the account?

Verified Answer :

Aliwohaish12
Aliwohaish12 Aliwohaish12
  • 24-02-2017

Fv=3300(1+0.04)^3
Fv=3,300×(1.04)^(3)
=3,712.0512

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