crissysmith1979 crissysmith1979

25-02-2018
Mathematics

contestada

Use the compound interest formula to find the future value A for the following values.
P= $ 1,500
i = 0.075
n= 26

Respuesta :

jdoe0001 jdoe0001

25-02-2018

[tex]\bf ~~~~~~ \textit{Compound Interest Earned Amount} \\\\ A=1500\left(1+\frac{0.075}{1}\right)^{1\cdot 26}\implies A=1500(1.075)^{26}[/tex]

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