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Mr.Thompson's account will be worth $9,562.50 after 10 years.
Answer: 34767.2
Step-by-step explanation:
given p = $16,000, n = 14 years, y = 5.7%
amount in bank after 14 years = p ( 1 + </100)
= 16,000 (1 + 5.7/ 100) 14
= 34767.2
