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1155,000 is invested in an account with 7% interest compounding yearly, what will the balance of the account be after 3 years? Please refer to

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1155,000 is invested in an account with 7% interest compounding yearly, what will the balance of the account be after 3 years? Please refer to the following Future Value table Future Value of SI 4% 5% 7% 1000 1.050 1.000 1.070 2 102 1103 1.124 11145 3 1.125 115 1191 1:33 4 1.170 1.216 1311 56,180 56,211 55,867 56.125

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