Answer:
$2756.01 to the nearest cent.
Step-by-step explanation:
A = P(1 + r)^t where A is the amount after t years, P = amount invested, r = rate as a decimal fraction.
So here, we have:
A = 1500(1 + 0.052)^12
= 1500 * 1.837337
= $2756.01
Answer:
I think it's simple sentence
