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LekaFEV [45]
3 years ago
15

Help asap! please 23 points

Mathematics
1 answer:
Margarita [4]3 years ago
3 0

Compound interest formula = total = P(1+r/n)^nt

Where P = is the intial amount invested

r is the interest rate, n is the number of compounding periods per year and t is the number of years.

Total = 15000(1+0.065/1)^7

Total = 15000(1.065)^7

Total = $23,309.80

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