NEED HELP MATH HELP
posted by Dave .
$3000 invested at an APR of 5% for 7 years. If interest is compounded annually , what is the amount of money after 7 years?

This is the last time
3000 * 1.05^7
Respond to this Question
Similar Questions

Math
A=P(1+r)^2 A= interest P= principle interest r= interest rate t= time in years If $4500 invested at 7% interest compounded annually yeilds $15600, for how many years was the money invested? 
Math
If 3000 dollars is invested in a bank account at an interest rate of 6 per cent per year, find the amount in the bank after 12 years if interest is compounded annually Find the amount in the bank after 12 years if interest is compounded … 
Calculus :)
If 8000 dollars is invested in a bank account at an interest rate of 10 per cent per year, find the amount in the bank after 11 years if interest is compounded annually ____ Find the amount in the bank after 11 years if interest is … 
Compound interest
Hello My teacher skipped over this and I have no clue how to do this or the equations. Help would be wonderful thank you If 6000 dollars is invested in a bank account at an interest rate of 10 per cent per year, find the amount in … 
MATH HELP PLEASE
$9000 invested at an APR of 9% for five years. In interest is compounded annually, what Ia the amount of money after 5 years? 
MATH HELP
$1000 invested at an APR of 9% for 9 years. If interest is compounded annually, what is the amount of money after nine years? 
HELP ME MATH PLEASE
$1000 invested at an APR of 9% for 9 years. If interest is compounded annually, what is the amount of money after nine years? 
NEED MATH HELP
$3000 invested at an APR of 5% for 7 years. If interest is compounded annually , what is the amount of money after 7 years? 
NEED HELP MATH HELP
$3000 invested at an APR of 5% for 7 years. If interest is compounded annually , what is the amount of money after 7 years? 
Calculus Please help!
If 7000 dollars is invested in a bank account at an interest rate of 7 per cent per year. A) Find the amount in the bank after 6 years if interest is compounded annually?