If $P is invested for n years at rate i (as a decimal), compounded annually, the future value that accrues is given by , and the interest earned is . Find I for the given P, n, and i. Round your answer to two decimal places.
$800 for 17 years at 10.75%

A)$4,538.72
B)$3,738.72
C)$4,226.63
D)$5,338.72
E)$3,298.17

Question

If $P is invested for n years at rate i (as a decimal), compounded annually, the future value that accrues is given by  , and the interest earned is  . Find I for the given P, n, and i. Round your answer to two decimal places. ​
$800 for 17 years at 10.75%
​
A)$4,538.72 
B)$3,738.72 
C)$4,226.63 
D)$5,338.72 
E)$3,298.17

Quizplus · Accepted Answer

The Answer of If $P is invested for n years at rate i (as a decimal), compounded annually, the future value that accrues is given by  , and the interest earned is  . Find I for the given P, n, and i. Round your answer to two decimal places. ​
$800 for 17 years at 10.75%
​
A)$4,538.72 
B)$3,738.72 
C)$4,226.63 
D)$5,338.72 
E)$3,298.17

If $P Is Invested for N Years at Rate I