HTU Math 1312 Math for Liberal Arts
Test: MidTerm
11 of 15 (10 complete
This Question: 1 pt
Use the compound interest formato compute the balance in the following account atter the stated period of time, assuming interest is compounded annually
55000 invested at an APR of 48% for 25 years
The balance in the assunt ater 25 years is
Round to the nearest cent as needed)