SOLUTION: I need some help please with this question. I am not sure what I am suppose to do. The future value of $400.00 deposited at 6% for 4 years is?

Algebra ->  Finance -> SOLUTION: I need some help please with this question. I am not sure what I am suppose to do. The future value of $400.00 deposited at 6% for 4 years is?      Log On


   

Question 671531: I need some help please with this question. I am not sure what I am suppose to do.

The future value of $400.00 deposited at 6% for 4 years is?
Answer by solver91311(24713) About Me  (Show Source):
You can put this solution on YOUR website!




where is the original principal, is the annual interest rate expressed as a decimal, and is the number of years. Plug in the numbers and do the arithmetic. Use your calculator.

John

My calculator said it, I believe it, that settles it
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