Mary invests 12000 in a saving account.

the account pays 1.5% compound interest per year

work out the value of her investment after 2 years

In 2 years, you will have $12,362.70

Step-by-step explanation:

Use the formula A=P (1+r/n) ^nt.

A = final amount

P = initial principal balance

r = interest rate

n = number of times interest applied per time period

t = number of time periods elapsed