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Olin [163]
2 years ago
6

Your grandfather placed $5,000 in a trust fund for you. In 12 years, the fund will be

Mathematics
2 answers:
Korvikt [17]2 years ago
5 0

Step-by-step explanation:

fv/pv=(1 + r)^n

10000/5000=(1 + r%)^12

2=(1 + r%)^12

r=5.95

PolarNik [594]2 years ago
4 0

Answer:

fv/pv=(1+r)^n

10,000/5000=(1+r%)^12

2=(1+r%)^12

r= 5.95

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