document.write( "Question 203570: Can someone please help me with this problem:\r
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document.write( "Find the compound amount for the deposit. Round to the nearest cent.\r
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document.write( "$5000 at 7% compounded annually for 6 years. \n" );
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Algebra.Com's Answer #153599 by rfer(16322)![]() ![]() ![]() You can put this solution on YOUR website! FV=P(1+r)^n \n" ); document.write( "FV=5000(1+.07)^6 \n" ); document.write( "FV=5000(1.50073) \n" ); document.write( "FV=$7503.65 \n" ); document.write( " |