$4000 compounded annually at 3% for 20 years

Question

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1063

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Guest Aug 18, 2015

+118696

+5

Best Answer

${\mathtt{4\,000}}{\mathtt{\,\times\,}}{\left({\mathtt{1.03}}\right)}^{{\mathtt{20}}} = {\mathtt{7\,224.444\: \!938\: \!677\: \!655\: \!247}}$

$7224.44

Melody Aug 18, 2015

Melody · Answer 1 · 2015-08-18T01:59:05

${\mathtt{4\,000}}{\mathtt{\,\times\,}}{\left({\mathtt{1.03}}\right)}^{{\mathtt{20}}} = {\mathtt{7\,224.444\: \!938\: \!677\: \!655\: \!247}}$

$7224.44