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Find the amount in an account if $24,000 is invested at 10.44% compounded annually, for 15 years.

Find the amount in an account if $24,000 is invested at 10.44% compounded annually, for 15 years.
asked 175k views
3 votes
Find the amount in an account if $24,000 is invested at 10.44% compounded annually, for 15 years.

asked
User Mad Dog Tannen
by
8.3k points

1 Answer

1 vote
Fv=24000(1+10.44%)^15
Fv=106440.57
answered
User Serge Breusov
by
8.5k points
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