Raymond B. answered 12/28/22
Tutor
5
(2)
Math, microeconomics or criminal justice
A= P(1+r)^t
=15000(1.07)^9
= $27,576.89 rounded to nearest cent
Hannah D.
asked 01/29/21Suppose your friend’s parents invest $15,000 in an account paying 7% compounded annually. What will the balance be after 9 years?
(round to the nearest cent as needed.)
Raymond B. answered 12/28/22
Math, microeconomics or criminal justice
A= P(1+r)^t
=15000(1.07)^9
= $27,576.89 rounded to nearest cent
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