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Firdavs [7]
3 years ago
11

WILL MARK CORRECT ANSWER BRAINLIEST!! 100 Points!!

Mathematics
1 answer:
Vlad1618 [11]3 years ago
6 0

Using the formula for the future value of an annuity: FV = P x (1 + rate)^time - 1 / rate)

1st account:

15,000 x (1 + 0.05)^10 - 1 /0.05) = $188,668.39

2nd account:

15,000 x (1 + 0.10)^10 - 1 /0.10) = $239,061.37

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