Verified Answer :

Jisallyouget

A = P(1 + r/n)^nt
A=$ 17,547.88

olemakpadu

P = 15000, r = 4% = 0.04 per year, n = 4 years.

A = P(1 + r)ⁿ

A = 15000(1 + 0.04)⁴

A ≈ 15000(1.04)⁴  ≈ 17547.88

Interest = Amount - Principal = 17547.88 - 15000 =2547.88

Interest  ≈ $ 2547.88

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