SOLUTION: The expression 1500(1.1)^t represents the value of a $1500 investment that earns 10% interest per year, compounded annually for t years. Find the value of the investment at the end

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Question 1048352: The expression 1500(1.1)^t represents the value of a $1500 investment that earns 10% interest per year, compounded annually for t years. Find the value of the investment at the end of 5 years.
Answer by Alan3354(69443) About Me  (Show Source):
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The expression 1500(1.1)^t represents the value of a $1500 investment that earns 10% interest per year, compounded annually for t years. Find the value of the investment at the end of 5 years.
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Sub 5 for t and calculate.