Math, asked by micahjosephine9490, 1 year ago

Mary invest R50 000 in an investment scheme that pays 9.5% interest per annum. How much will mary collect after 4 years?

Answers

Answered by alyssamilton
0

Fv = Pv ( 1 + i)^{n} \\Fv = 50 000 (1 + 0.095)^{4} \\Fv = 71 883.04753

Similar questions