PLEASE HELP ALGEBRA 2!!!

The expression 1500(1.09)^t represents the value of a $1500 investment that earns 9% interest per year compounded annually for t years what is the value of $1500 investment at the end of 3 years? The value of the investment at the end of 3 years is ____?

Respuesta :

Answer:

1942.5435 dollars

Step-by-step explanation:

1500(1.09)^t  (t=3)

1500(1.09)^3= 1942.5435 dollars