Basic College Mathematics (10th Edition)

Published by Pearson
ISBN 10: 0134467795
ISBN 13: 978-0-13446-779-5

Chapter 6 - Percent - 6.8 Compound Interest - 6.8 Exercises - Page 453: 14

Answer

$2813.77$

Work Step by Step

$2500\times1.03\times1.03\times1.03\times1.03 = 2813.77$
Update this answer!

You can help us out by revising, improving and updating this answer.

Update this answer

After you claim an answer you’ll have 24 hours to send in a draft. An editor will review the submission and either publish your submission or provide feedback.