Write a function and solve for the total funds of an investment of $800 at 5.25% for 15 years.

asked Dec 16, 2021 112k views

2 votes

Write a function and solve for the

total funds of an investment of
$800 at 5.25% for 15 years.

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4 votes

Answer:

$1158.64.

Explanation:

Total funds after 15 years = 800(1 + 0.025)^15

= 1158.64

Guozqzzu answered Dec 21, 2021

4.3k points

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