jordinalexandre jordinalexandre

18-11-2020
Mathematics

contestada

You invest $3,635 in an investment with annual rate of return 6%. How much will the investment be worth after 8 years?

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laurencorleylc laurencorleylc

18-11-2020

Answer:

5,379.80

Step-by-step explanation:

you multiply $3,635 times .06, and you'll get $218.10. then you multiply $218.10 times 8. you will get $1,744.80. you then add your original amount of $3,635 and the final answer is $5,379.80

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