Isahervas Isahervas

17-03-2024
Mathematics

contestada

Pablo invests $2,300 in a fund that pays 9% annually on the principal.
The interest earned after 5 years is :
The total investment after 5 years is worth :

Respuesta :

georgepahno georgepahno

17-03-2024

Answer:

$2,300(1.09⁵) - $2,300

= $3,538.84 - $2,300 = $1,238.84

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