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callin1aar0akaylee callin1aar0akaylee
  • 25-02-2017
  • Mathematics
Answered

Future value = p × (1 i)t if you save $3,000 at an interest rate of 14 percent per year, how much will you have at the end of six years?

Verified Answer :

Aliwohaish12
Aliwohaish12 Aliwohaish12
  • 25-02-2017

Fv=p(1+i)^t
Fv=3000(1+0.14)^6
Fv=6,584.92

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