Find the 15th term in the arithmetic sequence An=3n-7
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Going to add on to your variables for the sake of the formula.
Let A = the amount after T years.
P = Principal amount
or ≈ $562.43
The customer would have $562.43 at the end of 3 years.
Let A = the amount after T years.
P = Principal amount
The customer would have $562.43 at the end of 3 years.