171k views
3 votes
75(1+0.2/12)^10*12 what is the answer

User Gst
by
5.2k points

2 Answers

2 votes

Answer:

1061.76487909 is the answer, and sorry i'm 4 days late with the answer.

Have a great day/night, and stay safe!

User Ben Kane
by
5.3k points
5 votes

Answer:

545.119

Explanation:

75 * (1 + .2/12)^10 * 12

75 * (1.016667)^10*12

Now things get a little tricky. What does 10*12 mean? I'm taking it to mean 120

75 * (1.016667)^120

75 * 7.268

545.119

User Dennys
by
5.0k points