Select the correct answer. If the present value of an investment is $5,000, what will be its future value in three years if you apply a compound interest of 5 percent to it?
A. $5770
B. $5778
C. $5877
D. $5788

Respuesta :

Gyzmo

$5,000×[tex]1.05^{3}[/tex]=$5,788.125 or $5,788.

The answer is D.

Hello,

Question-Select the correct answer. If the present value of an investment is $5,000, what will be its future value in three years if you apply a compound interest of 5 percent to it?

A. $5770

B. $5778

C. $5877

D. $5788

Answer- Well it seems like your answer will be D. $5788 All you need to do is find the percentage of 5,000 wiht the compound interest of 5.

If my answer was enough to help you please mark me as brainliest that you and have the best day ever!

-Mnadat9