wlorna211 wlorna211
  • 18-01-2021
  • Mathematics
contestada

Calculate the Compound interest on र 12000 for 3 years at 5% per annum.
please show work as well if can

Respuesta :

DragonLTXH DragonLTXH
  • 18-01-2021
Working: This would just be 12,000 which is the starting value. Then since the interest is 5 which would then just be 1.05. Knowing that the number of years is 3 it would then just be 1.05^3. Then this would give us 12000 x 1.05^3

Answer:13891.50
Answer Link

Otras preguntas

who is the protagonist in "the battle with the dragon"
What is a slope intercept calculator?
When planning a personal interview with a source, it is best to: A. contact the interviewee in writing. B. be mindful of the interviewee’s allotted time. C. alw
explain the difference between 33 1/3 % and 33%
Time is relative, what does that mean?
What is the simplified Square root of 41!?!?!??
An estimation of something that will happen in the future based on evidence is called a prediction. True False
why was john brown sometimes called the "avenging angel"?
which two square roots are used to estimate 42
What was a main goal of Portugal, in terms of increasing trade within the Indian Ocean basin? A. to forge military alliances with important empires B. to secure
ACCESS MORE