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ANEK [815]
2 years ago
9

If $9,000 is invested in an account for 15 years. Find the value of the investment at the end of 15 years if the interest is:

Mathematics
1 answer:
Jet001 [13]2 years ago
6 0

Answer:

a.

9000 \times 1.05 = 9450.00

b.

9000(( {1 + .05)}^{15}  - 1) = 9710.35 \\ 9000 + 97130.35 = 18710.35

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2 years ago
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muminat

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6 0
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