Question
Use the formula for compound interest to find A. A = P(1 + r) n P= $20000, r = 0.12 and n = 3 years
Use the formula for compound interest to find A.
A = P(1 + r)n
P= $20000, r = 0.12 and n = 3 years
At the end of 3 years A is $ ???????
Round to the nearest cent.
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College Algebra Graphs and Models
Authors: Marvin L. Bittinger, Judith A. Beecher, David J. Ellenbogen, Judith A. Penna
5th edition
321845404, 978-0321791009, 321791002, 978-0321783950, 321783956, 978-0321845405
