Question

how much is the interest of 50000 investment at 1.2% compounded annually for 10 years?

Answer 1

Step-by-step explanation:

5690

hope it will help you

Answer 2

Answer:

If interest is compounded yearly, then n = 1; if semi-annually, then n = 2; quarterly, then n = 4; monthly, then n = 12; weekly, then n = 52; daily, then n = 365; and so forth, regardless of the number of years involved.

Step-by-step explanation:

this is example by this do by ur own