Ask Question
6 June, 05:11

7500 invested at 6 % compounded annually for 15 years

+1
Answers (1)
  1. 6 June, 05:31
    0
    Hi!

    First I did 7,500 : 100 which = 75. Then I did 75 x 6 which equals 450. 450 is what you get annually. Next you do 450 x 15 which equals 6,750 + 7,500. After 15 years you will get 14,250 total for 15 annual years combined. I'm only in 6th grade so I hope this is correct, if not I'm sorry. Let me know if you got it correct.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “7500 invested at 6 % compounded annually for 15 years ...” in 📘 Mathematics if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers