Each answer should be correct to the nearest penny. 5 Years: 10 Years: 15 Years: 11/26/2013 | Jamey from Rock Hill, SC | 1 Answer | 0 Votes Mark favorite Subscribe Comment
P(t) = 30400(1+.05/2)^(2t), where t is the number of years of investment. P(5) = $38914.57 P(10) = $49813.94 P(15) = $63766.05 11/26/2013 | Robert J. Best answer Comment