A principal of $2000 is invested at 5.25% interest, compounded annually. how much will the investment be worth after 11 years? use the calculator provided and round your answer to the nearest dollar
Compound interest growth formula: A=P x (1+r/100)^t A is the end amount P is the initial (principal) amount r is the rate t is the time in years 2000 x 1.0525^11= $3511
