Joanna makes a $700 investment that appreciates at 5.5% per year. Which of the following
will find the value of the investment after 15 years?
Joanna makes a $700 investment that appreciates at 5.5% per year. Which of the following
will find the value of the investment after 15 years?
Answer:
577.50
Step-by-step explanation:
700 x 5.5%= 38.50
38.50 x 15= 577.50