SOLUTION: 15,000=P(1+.023/12)^(12*5.5) I keep getting the wrong answer, please explain step by step. Thank you

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Question 1072465: 15,000=P(1+.023/12)^(12*5.5) I keep getting the wrong answer, please explain step by step. Thank you
Found 2 solutions by josgarithmetic, MathTherapy:
Answer by josgarithmetic(39623)   (Show Source): You can put this solution on YOUR website!
This might not be the way you are expected to do, but








Answer by MathTherapy(10555)   (Show Source): You can put this solution on YOUR website!

15,000=P(1+.023/12)^(12*5.5) I keep getting the wrong answer, please explain step by step. Thank you
Don't you think you need to share your INCORRECT answer so someone can tell you where you're going wrong? 

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