You would use 539 and square it on you cal. just once. Then once you do that the answer is not going to be a whole number it is going to have a decimal, so the answer would be 23.22.
Answer:
$22,510.96
Step-by-step explanation:
Final investment value
$22,510.96
Total interest earned
$7,510.96
Initial balance
$15,000.00
Total monthly deposits
$0.00
Effective Annual Rate (APY)
7%
20m measurement that’s what is equal to 10
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