Suzanne in Barry each by four equals sized bagels. They divide the bagels equally among themselves and three other friends. How
1 answer:
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Answer: $ 128,750.09
Step-by-step explanation:
The formula for calculating the Amount when a sum of money is compounded annually is given as :
where:
From the question given
$52,000
12% = 0.12
substituting into the formula , we have
(2.475963176)
Therefore , the amount after 8 years will be $ 128,750.09