Answer:
The amount after 6 years is $25,533.34.
Step-by-step explanation:
Use the formula f(t)=P(1+b)^t.
Plug in the information.
f(6)=18000(1+0.06)^6
Plug in 18000(1.06)^6 into calculator.
25,533.344020608.
Round to 2 decimal places.
25,533.34
The amount after 6 years is $25,533.34.
Hope this helps!
If not, I am sorry.
