piya09 piya09
  • 11-08-2020
  • Mathematics
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Emergency help will mark brainliest answer

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Luv2Teach
Luv2Teach Luv2Teach
  • 12-08-2020

Answer:

Step-by-step explanation:

Use the formula

[tex]A(t)=P(1+r)^t[/tex] where P is the initial investment, r is the interest rate in decimal form, and t is the time in years. Filling in what we are given:

[tex]A(t)=5000(1+.05)^6[/tex] and simplifying a bit:

[tex]A(t)=5000(1.05)^6[/tex] and a bit more:

A(t) = 5000(1.340095641) so

A(t) = 6700.48

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