Lisa invested $2500 in a bank account. The account has an annual interest rate of 3.5%. How much money will be in the account after 15 years? Use the formula A(t) = P et to solve the problem. (round to the nearest hundredth)

Intermediate Algebra
19th Edition
ISBN:9780998625720
Author:Lynn Marecek
Publisher:Lynn Marecek
Chapter9: Quadratic Equations And Functions
Section9.5: Solve Applications Of Quadratic Equations
Problem 218E: In the following exercises, solve using any method. Round your answers to the nearest tenth, if...
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Lisa invested $2500 in a bank account. The account has an annual interest rate of 3.5%.
How much money will be in the account after 15 years? Use the formula A(t) = P.ert to
solve the problem. (round to the nearest hundredth)
Transcribed Image Text:Lisa invested $2500 in a bank account. The account has an annual interest rate of 3.5%. How much money will be in the account after 15 years? Use the formula A(t) = P.ert to solve the problem. (round to the nearest hundredth)
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