jadacarroll01 jadacarroll01
  • 03-11-2017
  • History
contestada

If the present value of an investment is $5,000, what will be its future value in three years if you apply a compound interest of 5 percent to it?
$5770
$5778
$5877
$5766
$5788

Respuesta :

Jasmineeecx
Jasmineeecx Jasmineeecx
  • 03-11-2017
It would be  5,788


Good luck! 
Answer Link
yourbum
yourbum yourbum
  • 03-11-2017
$5788 because if you add 5 percent of 5000, and then add on 5 percent of that number, you get 5788 after 3 years
Answer Link

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