The expression gives the value of an investment, in dollars, that pays an annual interest rate of r% compounded yearly. 5,000 is the initial amount and t is the number of years after the initial amount was deposited. Which of the following expressions shows the difference between the value of a 15 year investment at 6% annual compound interest and a 12 year investment at 6% annual compound interest?

Transcribed Image Text:

7" 100 5,000(1+-