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Pls help me a quick financial maths problem

Pls Help Me A Quick Financial Maths Problem class=

Sagot :

kkozume27

Answer:

$74 492.30

Step-by-step explanation:

P= 50 000

r= 8/100 = 0.08

n= 12

t= 5

P(1 + r/n) ^ (nt)

[tex] = 50000(1 + { \frac{0.08}{12} )}^{(12 \times 5)} [/tex]

=74492.285

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