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You invest $3,400 for three years at 7 percent a. What is the value of your investment after one year? Multiply $3.400 x 1.07 b.
You invest $3,400 for three years at 7 percent a. What is the value of your investment after one year? Multiply $3.400 x 1.07 b. What is the value of your investment after two years? Multiply your answer to part a by 1.07. (Round your answer to 2 decimal places.) Value of investment (Round your answer to 2 decimal places.) c. What is the value of your investment after three years? Multiply your answer to part b by 1.07. This gives your final answer Value of investment References eBook & Resources aming Obyective 09-02 The future value is based on the number compounded at a given interest rate Difficulty Worksheet
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