igladky689
igladky689 igladky689
  • 23-04-2022
  • Mathematics
contestada

You invest $6000 in a savings account drawing 5.25% interest annually. How much will be in the account in 15 years? ( round to the nearest cent (2 decimal places) )

Respuesta :

jsimpson11000 jsimpson11000
  • 25-04-2022

Answer:

$ 12 926.56

Step-by-step explanation:

If compounded annually:

  FV = 6000 ( 1 + .0525)^15 =

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