Stephen invests in an account that pays 3% compound interest annually. he invests $5,500. he uses the expression p(1+r)t to find the total value of the account. what will be the total value of the account after 6 years?

A = $6567.29

Step-by-step explanation:

A = P(1+r)^t

Where A = amount in account

P = principal

r = interest rate in decimal form

t= time

We know that P =5500

r = .03

t =6

Substitute these values into the equation.

A = 5500(1+.03)^6

A = 5500(1.03)^6

A = 5500(1.194052297)

A=6567.287631

Since this is money we round to the nearest cent

A = $6567.29

rectangle that is ther answer you

step-by-step explanation:

they will manufacture 8496 cars