Answer
$16,661.35
Work Step by Step
$12000*1.048^7$
$12000*1.388446$
$16661.35$
Algebra 1
by Hall, Prentice
Published by
Prentice Hall
ISBN 10:
0133500403
ISBN 13:
978-0-13350-040-0
Chapter 7 - Exponents and Exponential Functions - 7-7 Exponential Growth and Decay - Practice and Problem-Solving Exercises - Page 459: 16
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