Question

Haley deposits $ 24,000 in her bank account at the end of every year. The account earns an interest of 12% per annum. If she continues this practice, how much money would she have at the end of 15 years?​

Answer 1

Explanation:

12%of$24,000 is12/100×2400

12/1×24=288

how much money would she have at the end of 15 years=288×15=$4320