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Calculate the amount of money an accountant receives from a bank if he invests $120 000 annum for 9 years at 10% per annum compound interest. ​

Calculate the amount of money an accountant receives from a bank if he invests $120 000 annum for 9 years at 10% per annum compound interest. ​
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Calculate the amount of money an accountant receives from a bank if he invests

$120 000 annum for 9 years at 10% per annum compound interest. ​

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User Dionysian
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1 Answer

4 votes

Answer:

The amount is $282953.72 using the given formula

Calculate the amount of money an accountant receives from a bank if he invests $120 000 annum-example-1
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User Echeg
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