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Calculate future value of an investment if 20,000 is invested for 7 yrs and 5 months compounded fortnightly at an interest rate of 5.3%​

Calculate future value of an investment if 20,000 is invested for 7 yrs and 5 months compounded fortnightly at an interest rate of 5.3%​
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calculate future value of an investment if 20,000 is invested for 7 yrs and 5 months compounded fortnightly at an interest rate of 5.3%​

calculate future value of an investment if 20,000 is invested for 7 yrs and 5 months-example-1
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User Jboot
by
7.3k points

1 Answer

3 votes

Answer:

USE this Formula

FV=PV(1+i)n,.

answered
User Sidharth Samant
by
8.4k points
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