Question 1182011
Find Amount													
Principal P =	16000												
Amount=	A												
years=t	6.00												
compounded	1	times a year		n									
Rate =	9.00	0.09		0.09									
Amount =	P*((n+r)/n)^n*t												
													
Amount =	=	16000	*(	1	+	0.09	)^	1	*	6.00			
Amount =	16000	*(	1	+	0.09	)^	6						
	16000	*(	1.09	)^	6.00								
Amount =	26833.60