Tom opens a bank account and makes an initial deposit of $500. The banker tells Tom that he is going to receive
an annual rate of 6% on his investment. Find the bank balance assuming Tom leaves the account untouched for 15
years.
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Home » Mathematics » Tom opens a bank account and makes an initial deposit of $500. The banker tells Tom that he is going to receive an annual rate of 6% on his investment. Find the bank balance assuming Tom leaves the account untouched for 15 years.