Asked by Alicia
solve
200(1+8%/12)^12
Please show work!!!!
200(1+8%/12)^12
Please show work!!!!
Answers
Answered by
Reiny
= 200(1 + .08/12)^12
= 200(1 + .0066666..)^12
= 200(1.006666...)^12
= appr 216.60
= 200(1 + .0066666..)^12
= 200(1.006666...)^12
= appr 216.60
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