O EXPONENTIAL AND LOGARITH MIC FUNCTIONS Finding a final amount in a word problem on exponential growth.. A principal of $4700 is invested at 4.25% interest, compounded annually. How much will the investment be worth after 9 years? Use the calculator provided and round your answer to the nearest dollar. X

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter7: Exponents And Exponential Functions
Section: Chapter Questions
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O EXPONENTIAL AND LOGARITH MIC FUNCTIONS
Finding a final amount in a word problem on exponential growth..
A principal of $4700 is invested at 4.25% interest, compounded annually. How much will the investment be worth after 9 years?
Use the calculator provided and round your answer to the nearest dollar.
X
Transcribed Image Text:O EXPONENTIAL AND LOGARITH MIC FUNCTIONS Finding a final amount in a word problem on exponential growth.. A principal of $4700 is invested at 4.25% interest, compounded annually. How much will the investment be worth after 9 years? Use the calculator provided and round your answer to the nearest dollar. X
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