yazkingbae yazkingbae
  • 19-09-2020
  • Mathematics
contestada

find the compound interest on John’s savings of ₦150,000 for 2 years at 7% per annum

Respuesta :

JadenTorres34
JadenTorres34 JadenTorres34
  • 19-09-2020

Answer:

171,735

Step-by-step explanation:

150,000*1.07=160,500.

160,500*1.07=171,735

171,735/150,000=14.49%

Answer Link

Otras preguntas

why did trade resume after feudalism began?
Charles Lindbergh made a first solo airplane flight from New York to Paris. His flight covered about 3610 miles in 33.5 hours. a.) find the unit rate in miles p
Write a phrase, a sentence, or a series of words in trochees. Capitalize all STRESSED syllables.
How does earths revolution affect our view of stars and constellations in the night sky?
Which statement is true about exergonic reactions? a. In exergonic reactions, ΔG is positive due to the absorption of free energy. b. Exergonic reactions use
Biotechnology is used in a variety of areas from agriculture to pharmaceuticals to fuels. How is the use of biotechnology in agriculture beneficial to the envir
When you complete a job, but use more time and effort than is truly necessary, how have you worked? a. Effectively, but not efficiently b. Neither effectively
how do Virues respond to stimuli
Which pair of properties apply to both sound and electromagnetic waves?
Which type of dermal tissue is commonly known as bark?