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) )

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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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