Answer:
After 25 years, Cooper will have $29,093.01 in his savings account.
Step-by-step explanation:
While Cooper opened an emergency savings account of $ 20,000, which yields an annual interest of 1.5% compounded monthly, to determine how much money he will have in his account after 25 years, the following calculation must be performed:
X = 20,000 (1 + 0.015 / 12) 25x12
X = 29,093.01
Therefore, after the passage of 25 years, Cooper will have $ 29,093.01 in his savings account.
<em>Refer to the attachment!!~</em>

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