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If $ 10000 is deposited at an "interest rate" of 4% per year, annually compounded, what amount will depositors get after 5 years?

If $ 10000 is deposited at an "interest rate" of 4% per year, annually compounded, what amount will depositors get after 5 years?
asked 1.6k views
2 votes
If $ 10000 is deposited at an "interest rate" of 4% per year, annually compounded, what amount will depositors get after 5 years?

asked
User Vignesh I
by
7.6k points

1 Answer

2 votes

Answer:

PTR upon hundreds .by putting these formulas you can solve ti and is 2000

answered
User Anne Schuessler
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