what is the process on how to get the answer of, P=680,000;r=12%per year;t=8years
Answers
Step-by-step explanation:
The formula for compound interest is P (1 + r/n)^(nt), where P is the initial principal balance, r is the interest rate, n is the number of times interest is compounded per time period and t is the number of time periods.
use this formula
Answer:
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