Respuesta :

mhanifa

Answer:

  • $2594.07

Step-by-step explanation:

  • Principal P = $2250
  • Interest rate r = 2.4% = 0.024 PA compounded
  • Compound number n = 1 (once per year)
  • Time t = 6 years

Future amount formula:

  • F = P(1 + r/n)^(nt)

Substitute given values:

  • F = 2250(1 + 0.024)^6 = 2594.07