If you invest $1900 at 3.9% per year, simple interest, how much will your investment be worth after 4 years? Round your answer to two decimal places if rounding is necessary. There is a $ sign already written next to the answer box, so do not type a $ sign in your answer. $

College Algebra
1st Edition
ISBN:9781938168383
Author:Jay Abramson
Publisher:Jay Abramson
Chapter9: Sequences, Probability And Counting Theory
Section9.4: Series And Their Notations
Problem 56SE: To get the best loan rates available, the Riches want to save enough money to place 20% down on a...
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If you invest $1900 at 3.9% per year, simple interest, how much will your investment be worth after 4 years?  Round your answer to two decimal places if rounding is necessary.  There is a $ sign already written next to the answer box, so do not type a $ sign in your answer.

If you invest $1900 at 3.9% per year, simple interest, how much will your investment be worth after 4 years? Round your answer
to two decimal places if rounding is necessary. There is a $ sign already written next to the answer box, so do not type a $ sign
in your answer.
Transcribed Image Text:If you invest $1900 at 3.9% per year, simple interest, how much will your investment be worth after 4 years? Round your answer to two decimal places if rounding is necessary. There is a $ sign already written next to the answer box, so do not type a $ sign in your answer.
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