Based on the amount Peyton invested, and the interest rate, the amount in the account 15 years later would be $2,848.09.
How much would be in the account after 15 years?
The amount in the account after 15 years would be:
= Amount x ( 1 + rate) ^ number of years
Solving gives:
= 1,700 x ( 1 + 3.5%)¹⁵
= $2,848.09
Find out more on future value at https://brainly.com/question/24978019.
