Mathematics, 15.07.2019 12:00 ijeomaokoro9488
How much would $100 invested at 8% intrest compounded annually be worth after 15 years? round your answer to the nearest cent. do not include units in your answer a(t) = p(1 + r/n)^nt
Answers: 1
. Simplifying a bit gives us 
and 
. Raising that number inside the parenthesis to the 15th power gives us 
. Multiplying to finish means that A(t) = $317.22
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