document.write( "Question 1199702: The expression represents the value of a $1500 investment that earns 12% interest per year, compounded annually for t years. What is the value of a $1500 investment after 15 years? \n" ); document.write( "
Algebra.Com's Answer #833674 by ikleyn(52776)\"\" \"About 
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\n" ); document.write( "The expression represents the value of a $1500 investment that earns 12% interest per year,
\n" ); document.write( "compounded annually for t years. What is the value of a $1500 investment after 15 years?
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document.write( "This expression is\r\n" );
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document.write( "    y = \"1500%2A%281+%2B+0.12%29%5Et\" = \"1500%2A1.12%5Et\".\r\n" );
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document.write( "To find the value of $1500 after 15 years, substitute t= 15 into the expression \r\n" );
document.write( "and use your calculator.\r\n" );
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\n" ); document.write( "\n" ); document.write( "Happy calculations (!)\r
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\n" ); document.write( "\n" ); document.write( "To see many similar problems solved,  look into the lessons\r
\n" ); document.write( "\n" ); document.write( "    - Compounded interest percentage problems \r
\n" ); document.write( "\n" ); document.write( "    - Problems on discretely compound accounts \r
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\n" ); document.write( "\n" ); document.write( "After reading these lessons,  you will tackle such problems on your own without asking for help from outside.\r
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