In 1626 Peter Pan purchased Never Never Island from the  for…

In 1626 Peter Pan purchased Never Never Island from the  for about $24 worth of trinkets.  If the Islanders had taken cash instead and invested it to earn 6 % compounded annually, how much would the Islanders  have had 100 years later?   First, how much would they have in 1726, 100 years later? r = rate of interest P = amount paid n= number of periods Show your work