Answered

Welcome to Westonci.ca, the place where your questions are answered by a community of knowledgeable contributors. Experience the ease of finding quick and accurate answers to your questions from professionals on our platform. Join our Q&A platform to connect with experts dedicated to providing accurate answers to your questions in various fields.

At the beginning of the year 2005, a person invests some amount in a bank. At the beginning of 2010, the accumulated interest was 10000 and at the beginning of 2015, the accumulated interest became 25000. The interest rate is compounded annually and the annual interest rate is fixed. What is the principal amount?​

Sagot :

Thank you for choosing our platform. We're dedicated to providing the best answers for all your questions. Visit us again. Thanks for stopping by. We strive to provide the best answers for all your questions. See you again soon. Your questions are important to us at Westonci.ca. Visit again for expert answers and reliable information.