Question

Around the answer to the nearest dollar
=$

Answer 1

23696

Explanation:

`Step1\1\\We\ know\ that:`

↓

`P=15000`

`r=6.75`%

`n=1`

`t=7`

`Step\ 2:\ Formulate\ and\ substitute:`

`P=15000`

`r=6.75`%

`Substitute`
`into\ formula`

`n=1`

`t=7`

`F=P\ast(1+r/n)^(nt)`

`F=15000\bullet(1+6.75\bullet(1)/(100))^7`

`Step\ 3:Evaluate`

`Evaluate\ the\ equation/expression:`

`23695.53098`

`Step\ 4:\ Find\ the\ value`

`Find\ the\ closest\ integer\ to\ 23695.53098:`

`23696\ YOUR\ ANSWER`

I hope this helps you

:)