Find the compound amount for the deposit. Round to the nearest cent. $15,000 at 3% compounded annually for 19 years.

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter7: Exponents And Exponential Functions
Section: Chapter Questions
Problem 69SGR
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Find the compound amount for the deposit. Round to the nearest cent.

$15,000 at 3% compounded annually for 19 years.

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