A principal of $2600 is invested at 7% interest, compounded annually. How much will the investment be worth after 13 years? Use the calculator provided and round your answer to the nearest dollar.

The total amount accrued, principal plus interest,  from compound interest on an original principal of  $ 2600 at a rate of 7% per year  compounded 1 time per year  over 13 years is $ 6266.

Step-by-step explanation:

Given

Principle P =  $2600

Interest rate r = 7% = 0.07

Time period t = 13 years

Compounded annually means: n = 1

To determine

Accrued Amount = ?

Using the formula

substituting P = 2600, r = 0.07, t = 13, n = 1

$

Therefore, the total amount accrued, principal plus interest,  from compound interest on an original principal of  $ 2600 at a rate of 7% per year  compounded 1 time per year  over 13 years is $ 6266.

in the attachment.   i didn't see your choices.   the word which means there is choices.

step-by-step explanation:

(x,y)

x tells you how much left or right you go from the origin

y tells you how much down or up you go from the origin

so for example (-3,2), you go left 3 and up twice. i denoted which of the ordered pairs is which in my graph.

if she was to only spend a dollar she can get 1lb

step-by-step explanation: