What was a $4400 investment worth after 6 and 3/4 years if it earned 5.4% compound monthly?

Cornerstones of Cost Management (Cornerstones Series)
4th Edition
ISBN:9781305970663
Author:Don R. Hansen, Maryanne M. Mowen
Publisher:Don R. Hansen, Maryanne M. Mowen
Chapter19: Capital Investment
Section: Chapter Questions
Problem 19E
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What was a $4400 investment worth after 6 and 3/4 years if it earned 5.4% compound monthly?

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