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A deposit of 5500 at 6% for 3 years equals

A deposit of 5500 at 6% for 3 years equals
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4 votes
A deposit of 5500 at 6% for 3 years equals

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User Eignhpants
by
8.3k points

2 Answers

1 vote
1. 5500x0.06=330
330+5500=5830
2. 5830x0.06=349.8
349.8+5830=6179.8
3. 6179.8x0.06=370.788
370.788+6179.8=6550.588

6550.59 would be your answer
Hope this helps
answered
User Giorgos Ath
by
8.1k points
5 votes
What are we supposed to solve...?
answered
User Salahuddin Ahmed
by
9.1k points
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