Find the Value of a $1,000 Certificate in 3 Years

question 44

Short Answer

Find the value of a $1,000 certificate in 3 years, if the interest rate is 14% compounded annually.
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Please round the answer to the nearest cent.
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$ __________

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Definitions:

Community Databases

Collections of data or information about members in a community, often used for research, policy-making, or public health purposes.

Demographic Data

Statistics regarding the characteristics of a population, such as age, sex, income levels, and education.

Clinical Care Classification

A system used for documenting and organizing patient care by categorizing health conditions and treatment plans.

Home Care Documentation

Records and documents related to the provision of care services to patients in their homes by healthcare professionals.