The amount after 4 years is $15036
Interest is the amount of money u receive when you invest certain amount of money for certain period of time .
It is given that
Principal = $10,000
Interest = 6% compounded yearly,
time =4 years.
[tex]\rm Amount = P (1 + \dfrac{r}{n})^{nt}[/tex]
Amount = 10000(1+ (6/100))⁴
Amount = $15036
Therefore the amount after 4 years is $15036.
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