1. How much time will it take for 5000 to become 5618 at 6% per annum compounded annually?
Answers
Answered by
2
Answer:
2 Years
Step-by-step explanation:
- Complete the formula and keep on going until you get 5618.
5000 × (1.06) = 5300
5000 × (1.06)² = 5618
Answered by
1
Answer:
5618 is your answer
Step-by-step explanation:
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