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erma4kov [3.2K]
3 years ago
9

A deposit of $10,000 is made into an account that earns 6% interest. Use

Mathematics
1 answer:
Georgia [21]3 years ago
3 0

Answer:

  $19,000

Step-by-step explanation:

The balance is the sum of the principal amount and the interest it earns:

  A = P + I

  A = P + Prt

  A = P(1 +rt)

  A = $10,000(1 +.06×15)

  A = $19,000 . . . balance after 15 years

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