rahmanabdur10999
rahmanabdur10999 rahmanabdur10999
  • 11-02-2021
  • Mathematics
contestada

The value, y. of a $15,000 investment over x years is represented by the equation y = 15000(1.2). What is the profit (interest) on a 6-year investment? ​

The value y of a 15000 investment over x years is represented by the equation y 1500012 What is the profit interest on a 6year investment class=
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madethisfortwitch1
madethisfortwitch1 madethisfortwitch1
  • 11-02-2021

Answer:

A

Step-by-step explanation:

Plug in 6 for x and get

21600

To find the profit subtract the starting amount (15,000)

21600-15000=6600

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