bchoi bchoi
  • 22-06-2017
  • Mathematics
contestada

$1300 invested at 4.2% over 5 years and 9 months

Respuesta :

RedStudent
RedStudent RedStudent
  • 24-06-2017
Well, to find that, you would do:

x(1 (+ or -) % interest rate) * Time.

So I believe that would turn to this:

1300(1+0.042)(5.75)

Your 'x' being 1300, your interest growing by 4.2% and the time of 5 years 9 months (5.75)
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