Carlo invested $1565.00 in a 335-day term deposit at 8.02% p.a. Using the future value formula, S

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Carlo invested $1565.00 in a 335-day term deposit at 8.02% p.a. Using the future value formula, S = P(1 + rt), determine how much the investment will be worth at maturity.

The future value is $ .

(Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)

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Entrepreneurship & Small Business Management

ISBN: 978-0133767186

2nd edition

Authors: Steve Mariotti, Caroline Glackin

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Posted Date: Dec 09, 2020 01:36 AM

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Carlo invested $1565.00 in a 335-day term deposit at 8.02% p.a. Using the future value formula, S

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Entrepreneurship & Small Business Management

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