Asked by Pardon

Bongiwe invests R12000 in a savings account at 6,5% per annum compound interest.Calculate how much there will be in the savings account after 5 years
Answered by Steve
12000(1+.065)^5
Answered by Thimna
12000(1+0.65)^5
12000+1.65×5
12000+8.05
= 12008.05
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