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Find the amount in an account if $125,000 is invested at 1.08% compounded annually, for 12 years.

Find the amount in an account if $125,000 is invested at 1.08% compounded annually, for 12 years.
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Find the amount in an account if $125,000 is invested at 1.08% compounded annually, for 12 years.

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User Opp
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1 Answer

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$120,000 is the answer 125000*1.08=135,000 135000-125000=10,000
10,000*12=120,000
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User Raye
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