SOLUTION: What will be the value of N90000 compounded at 15% per annum for 5years

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Question 1202795: What will be the value of N90000 compounded at 15% per annum for 5years
Answer by ikleyn(52781) About Me  (Show Source):
You can put this solution on YOUR website!
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It will be  90000%2A%281%2B0.15%29%5E5 = 90000%2A1.15%5E5 = N 181,022.15 .    ANSWER

Solved.

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To see many other similar  (and different)  solved problems on compounded interest accounts,  look into the lesson
    - Compounded interest percentage problems
in this site.

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