A company's value chain is only as strong as its weakest link. What should a company do to properly gauge the strength of its l
1 answer:
You might be interested in
The compound interest amount after 5 years be $6,083.26.
<h3>What is compound interest?</h3>
Compound interest, also known as interest on principal and interest, is the practice of adding interest to the principal amount of a loan or deposit.
Compound interest is when you receive interest on both your interest income and your savings.
If this value was compounded in 5 years, then we are going to utilize the compound interest formula to solve it.
Where A be the amount accumulated for the entire period.
p be the Money invested
r be the Interest rate per year
n be the period the money was invested.
The exponential function is
= 5000 1.216652902
= 6,083.264512
The amount after 5 years be $6,083.26
The compound interest amount after 5 years be $6,083.26.
To learn more about compound interest refer to:
#SPJ4