SOLUTION: I cant seem to find the right answer. If $5000 is invested at an interest rate of 3% each year, find the amount of the investment at the end of 4 years for the following compoun

Algebra ->  Customizable Word Problem Solvers  -> Finance -> SOLUTION: I cant seem to find the right answer. If $5000 is invested at an interest rate of 3% each year, find the amount of the investment at the end of 4 years for the following compoun      Log On

Ad: Over 600 Algebra Word Problems at edhelper.com


   



Question 674704: I cant seem to find the right answer.
If $5000 is invested at an interest rate of 3% each year, find the amount of the investment at the end of 4 years for the following compounding methods.
a) annual

Answer by solver91311(24713) About Me  (Show Source):
You can put this solution on YOUR website!


Where have you looked?

John

Egw to Beta kai to Sigma
My calculator said it, I believe it, that settles it
The Out Campaign: Scarlet Letter of Atheism