9514 1404 393
Answer:
902.18
Step-by-step explanation:
The amount is given by the formula ...
A = P(1 +r)^t . . . . . . P invested at annual rate r for t years
Using your numbers, this is ...
A = 600(1.06^7) ≈ 902.18
The balance after 7 years will be about $902.18.
