SOLUTION: $11,000 is invested at 6% compounded annually. How much money is in the account after 3 years?

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Question 852114: $11,000 is invested at 6% compounded annually. How much money is in the account after 3 years?
Answer by ewatrrr(24785) About Me  (Show Source):
You can put this solution on YOUR website!
A%28t%29+=+P%281%2Br%2Fn%29%5E%28nt%29 annually n = 1
A%283%29+=11000%281.06%29%5E%283%29