Register

You want to deposit 15000 in a bank at an interest rate of 7 percent per year. what is the future value of this money after three years

You want to deposit 15000 in a bank at an interest rate of 7 percent per year. what is the future value of this money after three years
asked 4.3k views
0 votes
you want to deposit 15000 in a bank at an interest rate of 7 percent per year. what is the future value of this money after three years

asked
User Kenneth Mwangi
by
8.9k points

1 Answer

0 votes
approximately about $18,490

PV= $15,000
FV= solve for
PMT= 0
I/YR= 7%
N= 36

put these in your HP II calcu and you will get the approximate answer.
- b
e
x
t
e
m
(FAIL HARD)
answered
User Reimus Klinsman
by
7.1k points
← Prev Question Next Question →

No related questions found

Ask a Question
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.

Categories

Other Questions

What is .725 as a fraction
How do you estimate of 4 5/8 X 1/3
A bathtub is being filled with water. After 3 minutes 4/5 of the tub is full. Assuming the rate is constant, how much longer will it take to fill the tub?
Link Copied!