document.write( "Question 382644: If you deposit $5,000 in an account that pays 5% interest compounded annually, how much money will you have in your account at the end of 15 years? Write an exponential function that represents this situation.\r
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Algebra.Com's Answer #271092 by rfer(16322)![]() ![]() ![]() You can put this solution on YOUR website! A=P(1+r)^15 \n" ); document.write( "A=5000(1.05)^15 \n" ); document.write( "A=5000*2.07893 \n" ); document.write( "A=$10,394.64 \n" ); document.write( " |