Answer:
<u><em>$22,637</em></u>
Step-by-step explanation:
<u><em>When u recive $15,000 you invest it at 7.1 percent per year.</em></u>
<u><em>To solve this we have to do a sume of all dollars that we have at the first year with the intrest, and that wil be the total for the second years. And repeat for the follows years.</em></u>
<u><em>1º year= 15,000*1.071 (7.1%)=$16,065 </em></u>
<u><em>2º year= 16,065*1.071 (7.1%)=$17,206</em></u>
<u><em>3º year= 17,206*1.071 (7.1%)=$18,427</em></u>
<u><em>4º year= 18,427*1.071 (7.1%)=$19,735</em></u>
<u><em>5º year= 19,735*1.071 (7.1%)=$21,137 </em></u>
<u><em>6º year= 21,137 *1.071 (7.1%)=$22,637</em></u>
<u><em>The total is the money at the end of the years= $22,637</em></u>
