SOLUTION: abram invest 15000 compound monthly how much will he get after 10 years at 15 p.a interest rate
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Question 1041099: abram invest 15000 compound monthly how much will he get after 10 years at 15 p.a interest rate
Answer by rfer(16322) (Show Source): You can put this solution on YOUR website!
FV=15000(1+0.15/12)^12*10
FV=15000(1.0125)^(12*10)
FV=15000*4.44
FV=66600
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