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You have $10 000 in a Education Savings Fund. It is in an investment with acompounding annual interest rate of 3%. What is the value

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You have $10 000 in a Education Savings Fund. It is in an investment with acompounding annual interest rate of 3%. What is the value of the fund after 15 years?Use the following formula: A= P(1+ i)"A = Final value (Principle + Interest)P= Principal amount (Starting or Initial investment amount)i= interest rate as a decimaln = number of years invested

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Substitution of Exponents 9. You have $10 000 in a Education Savings Fund. It is in an investment with a compounding annual interest rate of 3%. What is the value of the fund after 15 years? Use the following formula: A = P(1 + i)" A = Final value (Principle + Interest) P = Principal amount (Starting or Initial investment amount) i = interest rate as a decimal n = number of years invested

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