3 years ago

1,850 at 5% interest compounded annually for 9 years

Mathematics

1 answer:

Snowcat [4.5K]3 years ago

5 0

Answer: 9990

Step-by-step explanation:

1850 at 5% interest (1850 x .05 = 92.5)

92.5 x 12(months) = 1110

1110 x 9(years) = 9990

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