3 years ago

COMPOUND INTEREST:

1 answer:

Tpy6a [65]3 years ago

6 0

Answer:

You will have $17,336,862 by the end of the ten years

Step-by-step explanation:

The equation for compound interest is the amount(1+rate)^time

fill out the equation for 2,800,000(1.2)^10

2,800,000(6.19173642)

17336862

You will have $17,336,862 by the end of the ten years

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