Question

12000 is invested at a 10% rate compounded for 15years

Answer 1

$88,292

Explanation:

answer was asked to my teacher she told me it was that hope this helps you :)

Answer 2

50126.978033

Explanation:

12000(1.10)^15

12000 is your starting amount.

You earning 10% investment so add 1 to that 10% and make it a decimal = 1.10

Raise is to 15 years because it's compounded for 15 years.