3 years ago

Use the compound interest formula to find the future value A for the following values.

1 answer:

6 0

$\bf ~~~~~~ \textit{Compound Interest Earned Amount}
\\\\
A=1500\left(1+\frac{0.075}{1}\right)^{1\cdot 26}\implies A=1500(1.075)^{26}$

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