Answer:
Year 29 $2,956.63 Total Interest $40,643.25 Balance $48,443.25
Step-by-step explanation:
Base amount: $7,800.00
Interest Rate: 6.5% (yearly)
Effective Annual Rate: 6.5%
Calculation period: 29 years
a firm projects its profit to ksh 350000 for the 1st month ,ksh.700000 for the second month ,ksh 1050000 for the 3rd month and s
1 answer:
You might be interested in