Respuesta :

Samawati

Answer:

$7, 934.37

Explanation:

For future values, the compound interest formula is applied. The formula is as below,

FV = PV × (1+r)n

In this case

PV = 5000

r = 8% or 0.08

n = 6 years

FV = 5000 x ( 1 + 0.08)6

FV= 5000 x 1.586874322

FV= $7, 934.37

Answer:

7934.35

Explanation:

Believe.

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