Answer:
10,000th spot
Step-by-step explanation:
X = 32 because 100 / 4 is 25, which would make the numerator for x 32
Find how much interest is earned for one year: $3000 x .015 = $45
Use that answer to find how much interest is earned for 15 years: $45 x 15 years = $675
Add original investment to interest for balance: $3000 + $675 = $3675