document.write( "Question 54615: Please help w/ the following: Thank you\r
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document.write( "The amount of money A accured at the end of N years when a certain amount P is invested at a compound annual rate r is given by A=P(1+r)^n. If a person invests $160 at 4% interest compounded annually, find the approximate amount obtained at the end of 15 years. \n" );
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Algebra.Com's Answer #36860 by checkley71(8403)![]() ![]() ![]() You can put this solution on YOUR website! A=160(1+.04)^15 OR A=160(1.04)^15 OR A=160(1.8) OR A=$288 \n" ); document.write( " |