Question 192059
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Working Eqn, ---> {{{F=P(1+i/m)^(mn)}}}, where{{{system(F=Future,P=Principal,i=interest,m=compounded,n=years)}}}



{{{F=18000(1+(0.05/365))^(365*38)}}}
{{{F=18000(1+0.0001369863)^13870}}}
{{{F=18000(1.000137)^13870=1800*6.685}}}
{{{red(F=120330.44)}}}, Answer


Thank you,
Jojo</font>