Answer:
so im pretty sure the answer would be 17,237
Step-by-step explanation:
A = P(1 + i)n where A is the total amount after n years at a compound interest rate of i.
A = 25,000*(1 + 0.06)9 = 25,000 * 1.69 = $42,237
Therefore total amount accruing = $42,237 ;and the compounded interest after 9 years = 42,237 - 25,000 = $17,237
