SOLUTION: if a person invests $250 at 9% annual interest, find the approximate value of the investment at the end of 15 years.

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Question 1042806: if a person invests $250 at 9% annual interest, find the approximate value of the investment at the end of 15 years.
Answer by Alan3354(69443) About Me  (Show Source):
You can put this solution on YOUR website!
if a person invests $250 at 9% annual interest, find the approximate value of the investment at the end of 15 years.
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Depends on the compounding period, if any.