SOLUTION: how do you use the compound interest formula to find the interest rate per annum if £14400 has a future value of £17551 in 2 years and what is the final answer.
could you please w
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could you please w
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Question 1055943: how do you use the compound interest formula to find the interest rate per annum if £14400 has a future value of £17551 in 2 years and what is the final answer.
could you please walk me through it.
thanks Answer by MathTherapy(10552) (Show Source):
You can put this solution on YOUR website! how do you use the compound interest formula to find the interest rate per annum if £14400 has a future value of £17551 in 2 years and what is the final answer.
could you please walk me through it.
thanks
How often, per year, is the interest compounded? I have to know that before I can walk you through the calculations.