Kate wants to have $25,000 in 16 years. How much does she need to invest if the interest rate is 6 percent per year?
Answers
Answered by
0
let principle=$25000*64=1625000
time=16 years
rate of interest=6%
SI=PTR/100
1625000*16*6/100
156000000/100
RS.1560000 PER YEAR
time=16 years
rate of interest=6%
SI=PTR/100
1625000*16*6/100
156000000/100
RS.1560000 PER YEAR
Similar questions