Asked by A

Upon amassing a fortune as a rock star, your uncle Zephaniah gives you $1 000 000. You decide to invest the whole lot into Canada Savings bonds (CSB's). The CSB's pay simple interest at a rate of 3.78% per year, and mature after fifteen years (that is, you have to cash them out after fifteen years).
Answered by oobleck
P(1+rt)
Answered by henry2,
P = Po + Po*r*t = 1,000,000 + 1,000,000*0.0378*15 =
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