Answer:
23696
Step-by-step explanation:
[tex]Step1\1\\We\ know\ that:[/tex]
↓
[tex]P=15000[/tex]
[tex]r=6.75[/tex]%
[tex]n=1[/tex]
[tex]t=7[/tex]
[tex]Step\ 2:\ Formulate\ and\ substitute:[/tex]
[tex]P=15000[/tex]
[tex]r=6.75[/tex]%
[tex]Substitute[/tex] [tex]into\ formula[/tex]
[tex]n=1[/tex]
[tex]t=7[/tex]
[tex]F=P\ast(1+r/n)^{nt}[/tex]
[tex]F=15000\bullet(1+6.75\bullet\frac{1}{100})^7[/tex]
[tex]Step\ 3:Evaluate[/tex]
[tex]Evaluate\ the\ equation/expression:[/tex]
[tex]23695.53098[/tex]
[tex]Step\ 4:\ Find\ the\ value[/tex]
[tex]Find\ the\ closest\ integer\ to\ 23695.53098:[/tex]
[tex]23696\ YOUR\ ANSWER[/tex]
I hope this helps you
:)
