Respuesta :
Step-by-step explanation:
The interest is 1.95 percent.
1.95 percent = 1.0195
Value after 3 years =
[tex]1.0195 {}^{3} \times 7000[/tex]
= $7417.54 (to the nearest cent)
Answer:7421.71
Step-by-step explanation:
A=?
p=7000
r=0.0195
t=3years
a=7000e^0.0195*3
a=7421.71
