Respuesta :

Answer:

15,894.06

Step-by-step explanation:

HI there!

This is a compound interest question, so we will use the formula

[tex]x = p(1+\frac{r}{n})^n^t[/tex]

P being our principle amount, $15,000 in this case,

R being our rate, or 1.25

N being our compound rate, which is semiannually, or twice a year.

T is our time, being 3.

After plugging these values in, we get

15,894.06

I hope this helps!

Answer:
15,894.06

If need step by step please message me! And yes this is the right answer!
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