Asked by Confused

Enrique invests 60,000 pesos at 3.7% p.a. compounded annually. Find the value of his investments after 6 years.

We're suppose to use the calculator TVM solver.
I got 62220
Answered by Anonymous
60,000 * 1.037^6 = 60,000 * 1.243576591 = 74,614.60
Answered by Anonymous
62220 Is just ONE year.
Answered by Confused
Ohh ok thank you
Answered by Confused
Do you know how to do this question using the calculator tho?
I don't know what values to put for P/V and C/Y and N=
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