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A company lends ​$1,300,000 for 1 year at ​12%, compounded monthly to another company that manufactures tug boats. Find ​(a) the future value and ​(b) the interest.

A company lends ​$1,300,000 for 1 year at ​12%, compounded monthly to another company that manufactures tug boats. Find ​(a) the future value and ​(b) the interest.
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A company lends ​$1,300,000 for 1 year at ​12%, compounded monthly to another company that manufactures tug boats. Find ​(a) the future value and ​(b) the interest.

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User Rafoo
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Answer:

use photomath it helps a lot

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User Mathieu
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