12000 is invested at a 10% rate compounded for 15years

Mathematics

2 answers:

Olin [163]2 years ago

8 0

Answer:

$88,292

Step-by-step explanation:

answer was asked to my teacher she told me it was that hope this helps you :)

Deffense [45]2 years ago

5 0

Answer:

50126.978033

Step-by-step explanation:

12000(1.10)^15

12000 is your starting amount.

You earning 10% investment so add 1 to that 10% and make it a decimal = 1.10

Raise is to 15 years because it's compounded for 15 years.

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