michaelmaley40 michaelmaley40

23-05-2022
Mathematics

contestada

$15,000 is invested at a rate of 8% compounded quarterly. Identify the compound interest function to model the situation. Then find the balance after 10 years.

Respuesta :

bella346643 bella346643

28-05-2022

Answer:

A = 15000(1.02)^4t ; $33,120.59

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