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kirill [66]
3 years ago
6

5000 at 12% compound quarterly compared interest earned after 5 year's

Mathematics
1 answer:
hichkok12 [17]3 years ago
8 0

Answer:

A = P(1+r÷100)^n

where A is amount after some days

r is the rate

n is the number of years

p is the principle (the amount of money before the interest)

A = 5000 ( 1 + 12÷100)^5

A = 8811.70

A = 8812

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