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43400 of 13% compounded annually for 2 years

43400 of 13% compounded annually for 2 years
asked 61.9k views
4 votes
43400 of 13% compounded annually for 2 years

asked
User Leiyc
by
8.1k points

1 Answer

5 votes

Answer:55417.46

Explanation:

43400 (1+13/100)^2

43400×113/100×113÷100

434×12769÷100

5541746÷100

=55417.46

answered
User Amit Gold
by
8.5k points
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