SOLUTION: a principal of 5000 is invested at 3.5% intrest rate annually after 5 years how much would the investment be worth?
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Question 458639: a principal of 5000 is invested at 3.5% intrest rate annually after 5 years how much would the investment be worth?
Answer by rfer(16322) (Show Source): You can put this solution on YOUR website!
A=5000(1.035)^5
A=5000*1.1877
A=$5,938.50
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