Shawn has a bank account with $4,625. He decides to invest the money at 3.52% interest, compounded annually. How much will the investment be worth after 9 years? Round to
the nearest dollar.

The investment will be 6314 after 9 years.

Step-by-step explanation:

Formula to calculate the accumulated amount in t years:

, whereP= principal amount, r= rate of interest ( in decimal)

Given: P = $4,625

r= 3.52% = 0.0352

t= 9 years

Then, the accumulated amount after 9 years would be:

Hence, the investment will be 6314 after 9 years.

answer: no

step-by-step explanation:

you are only given the cost not the amount of pounds.

ok then what happened.