redheadangel redheadangel

20-09-2016
Mathematics

contestada

Find the interest on a Principal Balance of $5,000 over the course of 15 years with an interest rate of 3.25% compounded monthly. Round to 2 decimal places

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misssimplicity misssimplicity

24-09-2016

C.I=P(R divided 100)^t-P
The answer is 26406.25

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