Respuesta :

Answer:

$18150

Step-by-step explanation:

Solution:

Principle= $15,000

Time= 6 months

Rate= 3.5% (7.5/2)

Amount= ?

SI=?

             Now,

              SI=(15000*6*3.5)/100

                 =$3150

                Amount=SI+Principle

                              =$18150

The total value of the account when the deposit, time period and the annual rate is given so it should be $18150.

Calculation of the total value of the account:

Since

Principle = $15,000

Time period = 6 months

Rate [tex]= 7\% \div 2[/tex] = 3.5%

So, first determine the interest

So,

= (15000(6)*(3.5%)

= $3150

Now the amount is

= $15,000 + $3,150

= $18,150

hence,The total value of the account when the deposit, time period and the annual rate is given so it should be $18150.

Learn more about rate here: https://brainly.com/question/20875379

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