2 years ago

"$12 million per year. grow 10% compounded annually over the next 5 years. What will demand be in 5 years?"

Mathematics

1 answer:

Natalka [10]2 years ago

4 0

Compound interest formula:

Amount = starting value x ( 1+ interest rate/compounds per year)^(compound per year x number of years)

Amount = 12,000,000 x (1+ 0.10/1)^(1x5)

Amount = 19,326,120.00

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Answer:

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Step-by-step explanation:

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Step-by-step explanation:

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2 years ago

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AlladinOne [14]

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3 years ago

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kykrilka [37]

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Step-by-step explanation:

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