If you make an investment of $4,500 and the investment earns an annual interest rate of 2.7%, how much will the investment be worth in 15 years? C W The investment would be worth $ If necessary, round to the nearest cent.

Intermediate Algebra
10th Edition
ISBN:9781285195728
Author:Jerome E. Kaufmann, Karen L. Schwitters
Publisher:Jerome E. Kaufmann, Karen L. Schwitters
Chapter2: Equations, Inequalities, And Problem Solving
Section2.S: Summary
Problem 8S: What interest rate would you need to get to double an investment of 200 in eight years?
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If you make an investment of $4,500 and the investment earns an annual interest rate of 2.7%, how much will the investment be worth in 15 years?
C...
W
The investment would be worth $
If necessary, round to the nearest cent.
Transcribed Image Text:If you make an investment of $4,500 and the investment earns an annual interest rate of 2.7%, how much will the investment be worth in 15 years? C... W The investment would be worth $ If necessary, round to the nearest cent.
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