Basic College Mathematics (9th Edition)

by Lial, Margaret L.; Salzman, Stanley A.; Hestwood, Diana L.

Published by Pearson

ISBN 10: 0321825535

ISBN 13: 978-0-32182-553-7

Chapter 6 - Percent - 6.8 Compound Interest - 6.8 Exercises - Page 456: 16

Answer

$19246.47$

Work Step by Step

$12800\times1.06\times1.06\times1.06\times1.06\times1.06\times1.06\times1.06 = 19246.47$

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