Asked by KAMRAN
A SUM OF $8000 IS INVESTED IN A SAVING ACCOUNT WHICH PAY THE INTEREST AT COMPOUNDED ANNUALLY .IF THE AMOUNT OF IN KEPT ON DEPOSIT FOR 6 YEAR WHAT WILL THE COMPOUND AMOUNT EQUAL? HOW MUCH INTEREST WILL BE EARNED DURING THE 6 YEAR
Answers
Answered by
PsyDAG
First, please do not use all capitals. Online it is like SHOUTING. Not only is it rude, but it is harder to understand. Thank you.
Second, you need the rate of interest to answer your question.
Second, you need the rate of interest to answer your question.
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