Answer
$1470$
Work Step by Step
$y=C(1-r)^x$
$C=10000; r=0.12; x=15$
$y=10000(1-0.12)^{15}$
$y=10000(0.88)^{15}$
$y\approx1470$
You can help us out by revising, improving and updating this answer.
Update this answerAfter you claim an answer you’ll have 24 hours to send in a draft. An editor will review the submission and either publish your submission or provide feedback.