Question

A=P(1+r/n) to the power of nt A = the future value of the investment (including interest) P = the principal investment amount (the initial deposit amount) r = the annual interest rate (decimal) n = the number of times that interest is compounded per year t = the number of years the money is invested for If Josh invests $500 in a 5-year fixed interest savings bond that pays 5% per annum, how much will his entire investment be worth at the end of the term?

Answer 1

Answer:

sorry don't know the answer friend