Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. finance
  3. find the accumulated amount of 1000p after 5 yrs w

Find the accumulated amount of 1000P after 5 yrs when deposited in a bank at...

70.2K

Verified Solution

Question

Finance

Find the accumulated amount of 1000P after 5 yrs when deposited in a bank at a rate of 16% compounded monthly.

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Algebra
1.2K views

3 3 4 5 6 7 18 15 1 point Which data is quantitative Ethnicity...

Psychology
1.2K views

– Considering the development of the brain through the lifespan, contrast the way children, adolescents and...

Economics
1.2K views

Why is public participation important in a community development effort?  Research some local efforts at public participation...

Biology
1.2K views

3 If an individual is heterozygous Aa then a they possess two different alleles of...

Biology
1.2K views

All of the following are examples of nonspecific immunity EXCEPTO mucusO acidic pHO HCI in...

Algebra
1.2K views

Find the composition g f x in simplest form and describe its domain 4 x...

Accounting
1.2K views

Wangerin Corporation applies overhead to products based on machine-hours. The denominator level of activity is...

Accounting
1.2K views

***THIS IS ALL ONE QUESTION: Please answer everything - Need by July 9th Part 1:...

Accounting
1.2K views

The Flying Weinberg make skateboards of many types, from beginners to experts. They do custom...

Accounting
1.2K views

Marv's breakeven point is $304,500 of sales. His current sales are $870,000. What is Marv's...

Accounting
1.2K views

explain all the international standards used in IFRS for hedge accounting and derivatives (explain in...

Finance
1.2K views

If $2000 is deposited at the end of each half year in an account that...