SOLUTION: if you deposit 15,000 in a bank account that pays 12% interest anually, how much will be in your account in 6 years?

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Question 520449: if you deposit 15,000 in a bank account that pays 12% interest anually, how much will be in your account in 6 years?
Answer by rfer(16322) About Me  (Show Source):
You can put this solution on YOUR website!
A=15000(1.12)^6
A=15000*1.9738
A=$29,607.34