Asked by Ashley

$1280 at 13% compounded annually for 3 years

Find each balance.

Use the formula B= p(1+r)n

Answers

Answered by Ryan
well if 13% is the rate
$1280 is the price
n is the number of years
so 1280(1+.13)3
1280 x 1.13 x 3
4339.2 i think

well this is a pretty tough question, and i thought i was doing hard stuff in GEM
Answered by mysterious
thanks Ryan!
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