Question 261435: How to calculate 10% over 5 years, 15% for 3years and 5% for 10years Found 2 solutions by drk, checkley77:Answer by drk(1908) (Show Source):
You can put this solution on YOUR website! Not sure what equation to use, but lets say
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10% over 5 years
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15% for 3 years
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5% for 10 years
You can put this solution on YOUR website! LET X BE THE AMOUNT INVESTED:
10% over 5 years,
X(1+.10)^5
X(1.10)^5
1.61X ANS
15% for 3 years
X(1+.15)^3
X(1.15)^3
1.52X ANS.
5% for 10 y
X(1+.05)^10
X(1.05)^10
1.629X ANS.