167k views
5 votes
No pic/link to answer pls. NEED TODAY

No pic/link to answer pls. NEED TODAY-example-1
User Kmn
by
8.1k points

2 Answers

2 votes
My guy up there is correct
User Andrei Stefan
by
6.7k points
4 votes

Answer:


\$17,364.38

Explanation:

Since the interest is compounded annually, we have the following equation:


15,000\cdot 1.05^3\approx \boxed{\$17,364.38}

User Varnit
by
7.4k points