Answered You can hire a professional tutor to get the answer.
QUESTION
A principal of $1600 is invested at 6% interest, compounded annually. How much will the investment be worth after 7 years? Use the calculator provided and round your answer to the nearest dollar.
A principal of
$1600
is invested at
6%
interest, compounded annually. How much will the investment be worth after
7
years?
Use the calculator provided and round your answer to the nearest dollar.
