document.write( "Question 1082681: How much would 200 invested at 6% interest compounded annually be worth it for six years round your answer to the nearest cent \n" ); document.write( "
Algebra.Com's Answer #696751 by natolino_2017(77)![]() ![]() ![]() You can put this solution on YOUR website! let V(t): the value of the investment after t years.\r \n" ); document.write( "\n" ); document.write( "V(t) = V(0)*(1+ 6/100)^t\r \n" ); document.write( "\n" ); document.write( "V(t) = 200*(1.06)^t\r \n" ); document.write( "\n" ); document.write( "V(6)= 200*(1.06)^6 = 283.70.\r \n" ); document.write( "\n" ); document.write( "The answer is 283 dollars and 70 cents.\r \n" ); document.write( "\n" ); document.write( "@natolino_ \n" ); document.write( " |