This is the question please solve this question
2 answers:
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The answer is $42.87
We know:
C = $20.00
r = 10% = 10%/100% = 0.1
t = 8 years
h = ?
h = 20 * (1 + 0.1)⁸
h = 20 * (1.1)⁸
h = $42.87
We know:
C = $20.00
r = 10% = 10%/100% = 0.1
t = 8 years
h = ?
h = 20 * (1 + 0.1)⁸
h = 20 * (1.1)⁸
h = $42.87
Answer:
3.1051.m
Step-by-step explanation:
A detailed solution of the given problem can be seem at the attached file.
Please kindly check attachment for the step by step solution of the fibm
