Suppose your friend's parents invest $15,000 in an account paying 4 percent compounded annually. What will the balance be after 5 years? (12 points to whoever can help me!)
1 answer:
Im not real sure if this is it but if you start with 15,000 and its 4% for 5 years then <span>This investment will be worth: </span>$<span>18,250. hope it helps
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Answer:
2 7/24C
Step-by-step explanation:
Start by finding the common denominator. In this case, it's 24. Next, start translation.
2/3C = 16/24C
7/8C = 21/24C
3/4C = 18/24C
Then find the sum.
16/24C + 21/24C + 18/24C = 55/24C = 2 7/24C
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Step-by-step explanation:
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