<PRE><B>Question 1182017</B>
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&lt;pre&gt;

The future value in 7 years will be


    {{{4800*(1+0.045)^7}}} = {{{4800*1.045^7}}} = 6532.14  dollars.    &lt;U&gt;ANSWER&lt;/U&gt;
&lt;/pre&gt;

Solved.


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To see many other similar solved problems on compounded interest accounts, &amp;nbsp;look into the lesson

&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;- &lt;A HREF=https://www.algebra.com/algebra/homework/percentage/lessons/Compound-interest-percentage-problem.lesson&gt;Compounded interest percentage problems&lt;/A&gt; 

in this site.



Learn the subject from there.



</PRE>